Popular Post brickvoyeur Posted December 7, 2022 Popular Post Share Posted December 7, 2022 (edited) Quote I'll read the Nightmare Before Christmas story this year, kids. Twas the night before Clearance And all through the aisle Steamrollers were packed Into my cart like a pile Exo Suits were hung In the storage with care Knowing that in a decade They still will be there Sergeant Jyn Erso was nestled Deep under my bed With terrible proportions And a face that looks dead Wonder woman in her armor And cheetah in her cap The lasso of truth will tell you That this set is pure crap When out on my doorstep A noise shook me awake ShopJustice still delivering Olaf Flat as a pancake Faster shipping than FedEx The turds as they came I cried and I pouted As I called them by name "Now, Dots! now, Mario! Now Lego Movie 1 and 2! On, Raiders! on, Mighty Dinos! On, Takodana and constractables too! To the depths of the dumpster! Stacked 50 feet tall Now throw away! throw away! throw away all!" Each year I make efforts To donate a bit more But Toys for tots sends a bill For returning them to my door Since I can't give them away I'll dig a big pit It's the final solution To get rid of this sh!t I shook as I laughed At the thought of relieving this pain It was nearly 3am So I looked quite insane As I poured the kerosene I cheered with delight "I'll light you on fire, So you're out of my sight" Edited December 7, 2022 by brickvoyeur 15 18 Quote Link to comment Share on other sites More sharing options...
Guest TabbyBoy Posted July 1, 2016 Share Posted July 1, 2016 Two other things to bear in mind: eBay also charge a 10% final value fee on postage along with PayPal also taking their cut. You HAVE to declare LEGO sales on your tax return if profit is being made. You can get away with selling ONLY one of each set as you can state that yu are selling your collection. If you sell mutilples of each set, eBay will be notifying HMRC some time within the current tax year so please make sure you tell them first! I know because I was grassed up by a jealous colleague (I was making a lot of money) back in 2008 and ended up losing all profit and then some due to fines and costs. Once you account for postage, fees and the dreaded income tax, you need to sell a set for approx. triple buy-in to double your money. I know this isn't the correct thread but, new "investors" need to be aware of declaring income BEFORE they start selling regularly. Quote Link to comment Share on other sites More sharing options...
Yinchuan Posted July 1, 2016 Share Posted July 1, 2016 11 minutes ago, TabbyBoy said: Two other things to bear in mind: eBay also charge a 10% final value fee on postage along with PayPal also taking their cut. You HAVE to declare LEGO sales on your tax return if profit is being made. You can get away with selling ONLY one of each set as you can state that yu are selling your collection. If you sell mutilples of each set, eBay will be notifying HMRC some time within the current tax year so please make sure you tell them first! I know because I was grassed up by a jealous colleague (I was making a lot of money) back in 2008 and ended up losing all profit and then some due to fines and costs. Once you account for postage, fees and the dreaded income tax, you need to sell a set for approx. triple buy-in to double your money. I know this isn't the correct thread but, new "investors" need to be aware of declaring income BEFORE they start selling regularly. If you sell over $20,000 in merch, AND over 200 transactions, then yes, you have to declare on taxes. I gotta believe that is a very small portion of sellers here...but who knows. Quote Link to comment Share on other sites More sharing options...
Phil B Posted July 1, 2016 Share Posted July 1, 2016 6 minutes ago, Yinchuan said: If you sell over $20,000 in merch, AND over 200 transactions, then yes, you have to declare on taxes. I gotta believe that is a very small portion of sellers here...but who knows. UK tax law != US tax law Plus... I believe you always need to declare, even if you sell 2 sets, it's just not actively enforced by platforms like EBay... Quote Link to comment Share on other sites More sharing options...
feed Posted July 1, 2016 Share Posted July 1, 2016 8 minutes ago, Yinchuan said: If you sell over $20,000 in merch, AND over 200 transactions, then yes, you have to declare on taxes. I gotta believe that is a very small portion of sellers here...but who knows. UK Tax law is somewhat stricter, to say the least. £1000+ profit and you have to declare and that was only introduced this tax year, prior it was any profit. Also you have 3 months to register or face a fine. Sorry for the off topic. Quote Link to comment Share on other sites More sharing options...
asharerin Posted July 1, 2016 Share Posted July 1, 2016 5 minutes ago, Yinchuan said: If you sell over $20,000 in merch, AND over 200 transactions, then yes, you have to declare on taxes. I gotta believe that is a very small portion of sellers here...but who knows. That is false. Those are the limits to receive a 1099-K in the USA. You have to declare on your taxes even if you don't meet those limits and don;t receive a 1099-K from your payment processor. I would not advise attempting to dodge those limits to avoid getting a 1099-K. I do advise everybody talk to a tax accountant and operate within the law. 3 Quote Link to comment Share on other sites More sharing options...
feed Posted July 1, 2016 Share Posted July 1, 2016 In an attempt to try to bring this back on topic. Sold a couple more Ant-Mans (Ant-Men?) and just now a Dolphin Cruiser. I have way too many of both of these and the 2.5% eBay fees are pleasing. Quote Link to comment Share on other sites More sharing options...
biking_tiger Posted July 1, 2016 Share Posted July 1, 2016 (edited) 1 hour ago, Yinchuan said: If you sell over $20,000 in merch, AND over 200 transactions, then yes, you have to declare on taxes. I gotta believe that is a very small portion of sellers here...but who knows. Legally, you must declare all earnings (or profit). It's just that eBay(or Paypal?)/Amazon/etc. file paperwork with the IRS if your sales exceed $20K/200 transactions on that platform. If the tax man comes knocking (an audit), it won't be pretty if you've fudged. I am not a tax accountant, so I'd recommend speaking with one before taking any advice on an internet forum. (Sorry for more off-topicness...) 45 minutes ago, asharerin said: That is false. Those are the limits to receive a 1099-K in the USA. You have to declare on your taxes even if you don't meet those limits and don;t receive a 1099-K from your payment processor. I would not advise attempting to dodge those limits to avoid getting a 1099-K. I do advise everybody talk to a tax accountant and operate within the law. In other words, what he said. Edited July 1, 2016 by biking_tiger Quote Link to comment Share on other sites More sharing options...
BrickLegacy Posted July 1, 2016 Share Posted July 1, 2016 Folks - please stay on topic, follow the law, and consult a professional not an Internet forum for your income tax law requirements. Quote Link to comment Share on other sites More sharing options...
dcdfan Posted July 1, 2016 Share Posted July 1, 2016 Folks - please stay on topic, follow the law, and consult a professional not an Internet forum for your income tax law requirements. I like to be told what to buy and how much tax to pay from complete strangers... 2 Quote Link to comment Share on other sites More sharing options...
donbee Posted July 2, 2016 Share Posted July 2, 2016 I sold a captain phasma for $20 And a Darth Vader from DS final duel for $22 =) Quote Link to comment Share on other sites More sharing options...
hiflyer Posted July 2, 2016 Share Posted July 2, 2016 I sold $12000 worth. Wink wink https://springfield.craigslist.org/tag/5647062599.html Quote Link to comment Share on other sites More sharing options...
Ciglione Posted July 2, 2016 Share Posted July 2, 2016 16 hours ago, Rodeogeorge said: Meditation. Zone theory. In order to know what Lil' Timmy will want come christmas 2018 one must become lil' Timmy. And lil' Timmy's gramama. And what @dcdfansaid. LMAO If one does what the veteran reseller does enough times, one will become as the veteran reseller is. Quote Link to comment Share on other sites More sharing options...
TigerEyez Posted July 2, 2016 Share Posted July 2, 2016 18 hours ago, Rodeogeorge said: Meditation. Zone theory. In order to know what Lil' Timmy will want come christmas 2018 one must become lil' Timmy. And lil' Timmy's gramama. And what @dcdfansaid. Possibly the funniest thing I've read on here Quote Link to comment Share on other sites More sharing options...
justapilgrim Posted July 2, 2016 Share Posted July 2, 2016 atat $230 FBM 5 Quote Link to comment Share on other sites More sharing options...
MarleyMoose Posted July 2, 2016 Share Posted July 2, 2016 EBay 6860 Batcave for $99 shipped 1 Quote Link to comment Share on other sites More sharing options...
legodelorean Posted July 3, 2016 Share Posted July 3, 2016 I sold my one and only Maersk Triple E ship for $240 via CL. 3 Quote Link to comment Share on other sites More sharing options...
Sprocket77 Posted July 3, 2016 Share Posted July 3, 2016 2 random series 2 Mixels for €27.00 shipped. Already sold the full sets, so just clearing the leftovers. 2 DFB German football minifigures for €29.50 shipped. I love these guys 1 Quote Link to comment Share on other sites More sharing options...
Sprocket77 Posted July 3, 2016 Share Posted July 3, 2016 2 random series 2 Mixels for €27.00 shipped. Already sold the full sets, so just clearing the leftovers. 2 DFB German football minifigures for €29.50 shipped. I love these guys Quote Link to comment Share on other sites More sharing options...
MarleyMoose Posted July 3, 2016 Share Posted July 3, 2016 Super Heroes Spiderman lot 6873 76003 76004 76015 on Ebay for $150 shipped. Just trying to get rid of some SH... 1 Quote Link to comment Share on other sites More sharing options...
Popular Post terrymc4677 Posted July 3, 2016 Popular Post Share Posted July 3, 2016 Yesterday I sold my son's old Legos collection to a guy on Craigslist for $800! My son just went off to college, so these old toys were just sitting around collecting dust. I initially just listed the Star Wars space base thing. The guy called me asking about it and asked if I had anymore and how much. I threw a crazy high number ($1200) so see if he would bite. He offered $1000 and I couldn't agree fast enough. We actually settled on $800 because he had some lame excuse about an atm limit or something. I didn't care because he gave me $800 for a bunch of old dusty plastic bricks! What a schmuck! Included in the sale was a hotel, a Star Wars space ship, the Star Wars base, an old car, and a few other odds and ends. $800!!!! 16 Quote Link to comment Share on other sites More sharing options...
Guest TabbyBoy Posted July 3, 2016 Share Posted July 3, 2016 My very last 9515 Malevolence for £120 cash locally. I honestly thought that I'd be stuck with them all! Phew! Quote Link to comment Share on other sites More sharing options...
TargetZero Posted July 3, 2016 Share Posted July 3, 2016 (edited) 40 minutes ago, terrymc4677 said: Yesterday I sold my son's old Legos collection to a guy on Craigslist for $800! My son just went off to college, so these old toys were just sitting around collecting dust. I initially just listed the Star Wars space base thing. The guy called me asking about it and asked if I had anymore and how much. I threw a crazy high number ($1200) so see if he would bite. He offered $1000 and I couldn't agree fast enough. We actually settled on $800 because he had some lame excuse about an atm limit or something. I didn't care because he gave me $800 for a bunch of old dusty plastic bricks! What a schmuck! Included in the sale was a hotel, a Star Wars space ship, the Star Wars base, an old car, and a few other odds and ends. $800!!!! I think i related the sale buyer here ... 800$ you could have done 3000$ on it Edited July 3, 2016 by TargetZero Quote Link to comment Share on other sites More sharing options...
fossilrock Posted July 3, 2016 Share Posted July 3, 2016 20 minutes ago, terrymc4677 said: Yesterday I sold my son's old Legos collection to a guy on Craigslist for $800! My son just went off to college, so these old toys were just sitting around collecting dust. I initially just listed the Star Wars space base thing. The guy called me asking about it and asked if I had anymore and how much. I threw a crazy high number ($1200) so see if he would bite. He offered $1000 and I couldn't agree fast enough. We actually settled on $800 because he had some lame excuse about an atm limit or something. I didn't care because he gave me $800 for a bunch of old dusty plastic bricks! What a schmuck! Included in the sale was a hotel, a Star Wars space ship, the Star Wars base, an old car, and a few other odds and ends. $800!!!! A bigger congrats on your son going off to college. Feeding him a supplemental diet of legos throughout his life, more than likely played a small part in shaping him into a sharp lad, and a future protege of whatever field he chooses! 2 Quote Link to comment Share on other sites More sharing options...
lazuli16 Posted July 3, 2016 Share Posted July 3, 2016 8 minutes ago, TargetZero said: HAHAHAHA You are the schmuck here. I think you're sarcasm detector may need some new batteries. 8 Quote Link to comment Share on other sites More sharing options...
Ciglione Posted July 3, 2016 Share Posted July 3, 2016 - 9398 Technic 4x4 Crawler 225 euro cash. - 75054 Star Wars AT-AT 160 euro cash. - 10233 Horizon Express 155 euro cash. - 4204 the Mine 110 euro cash. 1 Quote Link to comment Share on other sites More sharing options...
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