Buying and Selling on eBay: Tips, Tricks, Problems & Questions - Page 47

Quote:

Originally Posted by concealed 

 

I agree with this.

 

I might as well just apply the 14 day return policy, to go for top-rated seller status, and hope for the best.

Quote:

Originally Posted by VLSI 


Not needed for TRS status. Only needed for FV fee discount.

And that's why I started doing it. You can't stop returns anyway, so might as well get the benefits of having a return policy. 

Quote:

Originally Posted by Steve Smith 

Anyway, you may think that you have a "no returns" policy on ebay. You don't.

Hence why you just love dealing with us SF members SO much more

Quote:

Originally Posted by capnwes 

If you are doing more than 50 a month, it is time to start considering a store subscription.

 

Ebay supplies this calculator to see if it is worth it for you. http://pages.ebay.com/sellerinformation/news/Feecalculator.html

Thanks - yeah, eBay has sent me a few messages about opening a store...which I am probably not going to do since I fluctuate between having a lot to list, and not much at all.  It's like my Netflix subscription - I pay $9 a month and never watch any movies, then remember I have it and watch 2 or 3 to "get my money's worth".  Anyway, right now I am taking advantage of eBay's free fixed price listing days, and then will wait until October to list more auction items.

I also got the Paypal preemptive email about adding my SSN just in case I go over 200 sales and $20k in value.  Eesh.  I hope I don't, at least not in 2012, as I haven't kept any record of expenses.  Will start in 2013 just in case I keep doing this...which I won't if I have to treat it like a job.

EDIT: meant 2013 in the above, not 2012.

Interesting that they let you get close without your SSN (and you can still withdraw money?), but what happens if you just don't enter it?

Quote:

Originally Posted by VLSI 

 
Me too, nice little reminder every time I log into paypal. Have zero records though, so I'd be totally screwed.

Since I use my debit card for 95% or more of what I buy, I suppose I do have records.  And from that I could extrapolate mileage, average gas prices at the time, as well as glean postage and packing materials costs etc...if it came down to having to do so.  I think keeping receipts and records just makes it tidier, but if I passed that $20k mark the onus would be on the IRS to prove otherwise insofar as my expenses if I simply gave them a number.  I don't jake around with the IRS (anymore), and I'm not a tax attorney, but as far as I'm aware you don't really need to keep records - it just helps your case if you get tapped for a review.

Quote:

Originally Posted by SpooPoker 

^ If you have any idea of how much paperwork I have you would choke.

but you have a legit business....any small (medium/large) business is going to feel the mighty hand of the government. God forbid you get an employee....and have to deal with payroll for one or two people.

For y'all flippers, the Neiman Last Call site has extended their 30% off sale for an extra day - ends at 8am tomorrow (not sure which TZ - I think central).  Didn't see much worth grabbing to re-sell; at best some Varvatos shoes, Robt Graham sweaters, and Graham shorts...maybe turn a $25 profit per item based on past eBay sales.  Not much meat on dem bones...but if you're looking for something for yourself, some OK deals to be had.

Quote:

Originally Posted by SpooPoker 


wives and kids = interns

Wives...plural?  If you start with that Mormon stuff I'm gonna have to shoot myself.