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Buying and Selling on eBay: Tips, Tricks, Problems & Questions - Page 1639

post #24571 of 30503

It wasn't that long ago when I was happy to sell $1000 per month. Now, my eBay monthly fees are over $1000 per month. :confused: These are the times when I don't envy the big boys on the forum.

post #24572 of 30503
Quote:
Originally Posted by ertu View Post
 

 

Assuming the seller is legit, how can a seller prevent fraud like this? It seems pretty easy for any eBayer to do this switch and get away with it.


I asked the representatives I talked to and they told me that if it happens again, I should just not open a case and hope the buyer forgets about it. Seriously, that was their advice.

post #24573 of 30503
Quote:
Originally Posted by TinderStick View Post
 


Be thankful it's not the other way round

 

Sarcasm?

I'm sure you can get that removed, especially since they are no longer a registered user.

post #24574 of 30503
Quote:
Originally Posted by mormonopoly View Post

I sold a suit in late September and the buyer opened a return request stating it was not as described. Not wanting to fight it, I accepted it. The buyer returned a different (read as worthless) suit. They didn't respond to my messages, so I opened a case against them. I sent the buyer pictures of the suit that I received. Today, (Yes a month and a half later), the case closed against me. I've called ebay several times and spoken to representatives who have literally told me the buyer automatically wins a case like this. Anyone have any ideas of what I can do?

There's also different tiers of cs reps so if you can level up it helps in my experience.
post #24575 of 30503
Quote:
Originally Posted by drlivingston View Post

It wasn't that long ago when I was happy to sell $1000 per month. Now, my eBay monthly fees are over $1000 per month. confused.gif  These are the times when I don't envy the big boys on the forum.

funny, i'd kill to be paying ebay $1k a month.
post #24576 of 30503
Quote:
Originally Posted by drlivingston View Post

It wasn't that long ago when I was happy to sell $1000 per month. Now, my eBay monthly fees are over $1000 per month. confused.gif  These are the times when I don't envy the big boys on the forum.

yeah, five figure bills here lol.

but consider it one giant advertising budget!
post #24577 of 30503

What percentage does everyone put aside to pay for taxes? I've been keeping approx 30% of my profit to pay, but I'm starting to get worried that it's not enough. I've sold way more this year than previous years plus my full time job. I'm getting kind of anxious that I'm putting myself into a new tax bracket I can't afford. 

post #24578 of 30503
Quote:
Originally Posted by My Main Man View Post
 

What percentage does everyone put aside to pay for taxes? I've been keeping approx 30% of my profit to pay, but I'm starting to get worried that it's not enough. I've sold way more this year than previous years plus my full time job. I'm getting kind of anxious that I'm putting myself into a new tax bracket I can't afford. 

http://www.irs.com/articles/2015-federal-tax-rates-personal-exemptions-and-standard-deductions

post #24579 of 30503

thanks. I also just found an H&R Block tax calculator. Did a very quick calculation based on my W-2 from last year plus my eBay stuff. Looks like I'm all good. Hopefully my trip to my tax lady doesn't surprise me. 

post #24580 of 30503
Quote:
Originally Posted by My Main Man View Post
 

thanks. I also just found an H&R Block tax calculator. Did a very quick calculation based on my W-2 from last year plus my eBay stuff. Looks like I'm all good. Hopefully my trip to my tax lady doesn't surprise me. 

 

Dogs are nice. However, deductions are truly man's best friend. Make sure that you are claiming all that you can. It can make a significant difference.

post #24581 of 30503
My bookkeeping app tells me how much taxes I owe this year, I use godaddy
post #24582 of 30503
Quote:
Originally Posted by My Main Man View Post
 

What percentage does everyone put aside to pay for taxes? I've been keeping approx 30% of my profit to pay, but I'm starting to get worried that it's not enough. I've sold way more this year than previous years plus my full time job. I'm getting kind of anxious that I'm putting myself into a new tax bracket I can't afford. 

Tax rates are marginal, so you would only pay the increased rate on income OVER the bracket limit, ultimately 30% should be fine +/- a few %

post #24583 of 30503
Quote:
Originally Posted by drlivingston View Post
 

It wasn't that long ago when I was happy to sell $1000 per month. Now, my eBay monthly fees are over $1000 per month. :confused: These are the times when I don't envy the big boys on the forum.

I still remember the first time I broke $100 in one week. My wife and I went out to dinner to celebrate. lol.

post #24584 of 30503
This aught to be fun... buyer from Australia clearly threatening negative feedback - claiming I faked a BB jacket...



Honestly kind of surprised as he has over 500 positive feedback... Said I used fake photos, and that I labeled it Brooks Brothers myself LOL. Also says the size is wrong, when the pictures from the auction clearly show the marked size per BB. Any suggestions on how to deal with this sort of childish behavior?

Link to sold auction below...
http://www.ebay.com/itm/Vintage-BROOKS-BROTHERS-Faux-Fur-Collar-Lined-Leather-Trench-Coat-Jacket-44-USA-/231727991052?ssPageName=ADME:X:AAQ:US:1123
post #24585 of 30503
Quote:
Originally Posted by My Main Man View Post
 

What percentage does everyone put aside to pay for taxes? I've been keeping approx 30% of my profit to pay, but I'm starting to get worried that it's not enough. I've sold way more this year than previous years plus my full time job. I'm getting kind of anxious that I'm putting myself into a new tax bracket I can't afford. 

For me.....As a preliminary measure, I typically take 10% off the top of my weekly gross sales and put that in a separate account that is reserved for my quarterly tax payments. It usually works out fairly close to the 25-30% gross needed once the income, expenses and deductions are all tabulated. 

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