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Buying and Selling on eBay: Tips, Tricks, Problems & Questions - Page 181

post #2701 of 16760
Quote:
Originally Posted by Brianpore View Post

I'll believe it when I see it, not sure how this is going to work with BIN OBO if you accept an offer, but either way it's a positive that you don't have to wait a week or more for an unpaid item case on a BIN item!

I opened an unpaid item case on a BIN OBO yesterday. WTF kind of asshole goes through the OBO process and doesn't pay?
post #2702 of 16760
Quote:
Originally Posted by Brianpore View Post

USUALLY, marked tags are there for a reason from BB itself so the item can not be returned. Irregular, defect, sample, display item, etc. which are sold at a discount with a no return policy.

You are correct that the tags are marked to prevent returns. But about 95% of the items from the Brooks Brothers Clearance Center are flawless. If the labels were not marked then a buyer could buy at the CC and return at mainline or 346 stores for merchandise credit and make a good profit. Many items at the CC are priced considerably lower than that item would ever be priced on sale.
post #2703 of 16760
Quote:
Originally Posted by Steve Smith View Post

Quote:
Originally Posted by Brianpore View Post

USUALLY, marked tags are there for a reason from BB itself so the item can not be returned. Irregular, defect, sample, display item, etc. which are sold at a discount with a no return policy.

You are correct that the tags are marked to prevent returns. But about 95% of the items from the Brooks Brothers Clearance Center are flawless. If the labels were not marked then a buyer could buy at the CC and return at mainline or 346 stores for merchandise credit and make a good profit. Many items at the CC are priced considerably lower than that item would ever be priced on sale.

Oh yea, totally not saying the stuff that is marked is flawed, but BB does it for a raeason. I was just making the point if BB wanted to mark it they would. I see no point for a seller to start marking items, but thats just me. Everything I've gotten from you Steve has been wonderful!!! I just wore one of the BB shirts yesterday actually fistbump.gif

 

Quote:
Originally Posted by VLSI View Post

Quote:
Originally Posted by SeaJen View Post

TL:DR - cant a seller refund from payments being held by eBay?

Sounds like BS on his end. I definitely would not close the case if I were you. Call ebay if you're unsure.

+1 Call ebay and find out whats going on. Was this message though ebay messages or did he email you outside ebay? If it was outside ebay to your personal email, replay to him though ebay messages ONLY. If you call ebay, they can actually usually access paypal (one big company) which is actually a nice thing. Worse case, give paypal a call and find out whats going on with the payment.

post #2704 of 16760
Quote:
Originally Posted by Brianpore View Post

I'd take the $125 and tell him you will send him a paypal invoice for it right now (pay the 3% paypal fee and take the cash). If he wants it, he will pay the invoice, if not, no biggie. You pick up 10% savings if he pays the invoice off ebay which is a help, so thats like it selling on ebay for $137 approx PLUS $125 for a RG is pretty good money either way! Most of them I have sold in the $60-100 range.

Though, remember that big brother watches all ebay messages and you cant ask to complete the sale outside ebay through ebay messages...
Quote:
Originally Posted by SeaJen View Post

I'm having an issue with an ebay purchase. I bought a jacket listed with free shipping. It was held at my post office because of insufficient postage and when I picked it up the seller had tried to use media mail, and only 1lb in weight no less. I had to pay the remainder to get the package.

Im too tired to find the USPS postal code regarding this, but thats against policy. That happened to me once and I had to look it up. If a seller has insufficient postage, they either RTS the package or the seller has to pay the diff - never the recipient.
post #2705 of 16760
Quote:
Originally Posted by SpooPoker View Post


Though, remember that big brother watches all ebay messages and you cant ask to complete the sale outside ebay through ebay messages...
 

 

Yeah, that was what I was worried about..I don't think it will get to $125 at auction, so i offered to end and relist as BIN.  He is the high bidder, and there is only one other bidder so far so I don't feel too bad about ending.

post #2706 of 16760
For those of you that have an ebay business on the side, it not being your primary source of income but something you do in your spare time, do you take all the deductions available to you? From what I understand, Paypal will automatically send the IRS a 1099 if you're over 20k gross & 200 transactions. I'm going to talk to one of the CPAs here at my office, but I was curious as to whether or not you guys deduct your gasoline, office supplies, COGS, etc.

I read that you stand a much greater chance of being audited when you take a home business deduction based on the square footage of your home office.
post #2707 of 16760
Quote:
Originally Posted by suited View Post

For those of you that have an ebay business on the side, it not being your primary source of income but something you do in your spare time, do you take all the deductions available to you? From what I understand, Paypal will automatically send the IRS a 1099 if you're over 20k gross & 200 transactions. I'm going to talk to one of the CPAs here at my office, but I was curious as to whether or not you guys deduct your gasoline, office supplies, COGS, etc.

I read that you stand a much greater chance of being audited when you take a home business deduction based on the square footage of your home office.

I deduct everything I can. My ebay office and storage area square footage is about 20% of our living space. Also, mileage, cost of goods sold, supplies, equipment (laptop, camera, printer), shipping, etc.

 

Easy to track this stuff.

Step 1 - Sign up for a Paypal Debit Card, use it for all of you eBay related purchases.

Step 2 - Check out the eBay app Outright. It works hand in hand with your eBay account, Paypal account and Paypal debit card to help categorize and track your income and spending. You can also track you other expenses and mileage here.

Step 3 - Save a shit ton of time at tax season.

post #2708 of 16760
Quote:
Originally Posted by capnwes View Post

I deduct everything I can. My ebay office and storage area square footage is about 20% of our living space. Also, mileage, cost of goods sold, supplies, equipment (laptop, camera, printer), shipping, etc.

Easy to track this stuff.
Step 1 - Sign up for a Paypal Debit Card, use it for all of you eBay related purchases.
Step 2 - Check out the eBay app Outright. It works hand in hand with your eBay account, Paypal account and Paypal debit card to help categorize and track your income and spending. You can also track you other expenses and mileage here.

Step 3 - Save a shit ton of time at tax season.

I track everything, but don't use a separate account, such as a paypal debit card, which I should. Oddly enough, I just applied and it said my application could not be approved. No idea why, my credit score is around a 730, but from my understanding Paypal wouldn't run your credit for a debit card.

Edit, turns out I need to provide proof of address, SS# via photos or documents.
post #2709 of 16760
Quote:
Originally Posted by suited View Post

For those of you that have an ebay business on the side, it not being your primary source of income but something you do in your spare time, do you take all the deductions available to you? From what I understand, Paypal will automatically send the IRS a 1099 if you're over 20k gross & 200 transactions. I'm going to talk to one of the CPAs here at my office, but I was curious as to whether or not you guys deduct your gasoline, office supplies, COGS, etc.

I read that you stand a much greater chance of being audited when you take a home business deduction based on the square footage of your home office.

Deduct all legitimate expenses. You mention gasoline, track mileage and take the mileage rate rather than actual vehicle expenses. Actual expenses involve depreciation and loads of record keeping. If you do everything on the up and up then an audit is nothing to fear.
post #2710 of 16760
Quote:
Originally Posted by Steve Smith View Post

Deduct all legitimate expenses. You mention gasoline, track mileage and take the mileage rate rather than actual vehicle expenses. Actual expenses involve depreciation and loads of record keeping. If you do everything on the up and up then an audit is nothing to fear.

I think the fact that I have routes makes it far easier, as you said, to track mileage. Do you write your mileage down by hand in your car, or do you just estimate your mileage using google maps by mapping out your route?
post #2711 of 16760
Quote:
Originally Posted by suited View Post


I think the fact that I have routes makes it far easier, as you said, to track mileage. Do you write your mileage down by hand in your car, or do you just estimate your mileage using google maps by mapping out your route?

I have several pre-mileaged thrifting loops, with mileage extentions depending on time. Basically I have a chart with nearly every possible combination of thrift venture in out local area. 

post #2712 of 16760

Anyone using the Global shipping program? Seems like a pretty decent deal, am I missing something?

post #2713 of 16760
It's pricey to the buyer.

Also, if they claim the item is not as described they are entitled to a full refund (cost + shipping to KY facility + cost to ship to them) so you could end up eating it.
post #2714 of 16760
Quote:
Originally Posted by Tweets View Post

Anyone using the Global shipping program? Seems like a pretty decent deal, am I missing something?

 

Quote:
Originally Posted by TheBurnOut View Post

It's pricey to the buyer.

Also, if they claim the item is not as described they are entitled to a full refund (cost + shipping to KY facility + cost to ship to them) so you could end up eating it.

I've avoided it, but I'm sure at some point it will become mandatory. Apparently eBay makes a profit on it, else why would they even bother, right. I have actually had a few sellers, all from Canada, that said they would not purchase from a seller who used the global program. 

post #2715 of 16760
I didn't know that last bit... will be removing that from all my auctions promptly.
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