bactgudz wrote:

Lol, most of you seem to be viewing it the wrong way.  If the IRS audits you and discovers your mtg selling activity, you would WANT them to classify it as a business and not a hobby.  Getting audited and having it discovered are extremely remote possibilities for most people, which is why they tend to just ignore the issue.


Why is that?

So that they can see the loss and have it as a tax write off? Seems a bit dishonest to me? I'm not trying to really push it as a business, just trying to get cash to buy the singles I want or need.

But it still sounds like if you have a hobby, it is no really consequence, I'm not angling for profit, just to off load cards. And if you consider magic as a whole part of the business I think my expenses vs my income would be 90/10, I buy waaaaaaaaay too many booster boxes. And I barely ever sell anything, I prefer trading.

Wow gumgodMTG that is a great piece of information, I didn't realize that things that are nominally businesses could be considered hobbies by the IRS. Makes me breathe a lot easier because frankly any money I make selling cards will just go into buying other cards lol...in their eyes it's a total loss! =P

Thank you for the response, I appreciate your time here, and that alleviates a lot of my worries.

I'll be making a seller account soon then =P

Nobody has any thoughts here?

So I checked out everything tha thad to do with the business acount, I was going to upgrade and then I was like...TAXES...eff that noise so hard. I saw that tax documentation needed to be filled out and I'm like dude I want to sell some cards on the side not open a bloody small business.

Can anyone tell me (that is currently selling cards) how involved the business side of things is? What is required for paperwork, taxes, etc etc. I would like to be a seller but not if that complicates my next year's tax return.

Thanks in advance!



*EDIT* - I did check out the FAQ but it only (understandably) addresses the deckbox side of things, I'm looking for info on the paypal side of things.

257

(3 replies, posted in Buying & Selling Cards)

Thanks for the add on the fire-lit, I really appreciate it big_smile

If you have foils just let me know as well

258

(3 replies, posted in Buying & Selling Cards)

bump

still looking ladies and gents!

Unfortunately the only foreign language I understand is German so that is the only foreign cards I would trade for.

bump!

262

(28 replies, posted in Announcements)

Glad to see things shaping up quickly. I'm definitely researching what is required to be a seller...now if I only had cards that I was willing to sell that people wanted roll

bump!

Also willing to buy them, especially if they are foil!

264

(3 replies, posted in Buying & Selling Cards)

Hey ladies and gents looking to get my hands on the above cards.

Here is the prices I'm offering:
Mystic Gate: purchased through deckbox (pretty cool!)
Mystic Gate (foil): 40
Fire-Lit Thicket: 10
Fire-Lit Thicket (foil): 22


All prices are shipped, if you have a counter offer please send me a note and we can work something out. I'm also willing to add cards for value, if you are willing to take them.

265

(1 replies, posted in Buying & Selling Cards)

Most legit, thank you sir!

266

(13 replies, posted in Announcements)

Loving statistics! Lets me know what trade bait to pick up =P

Also glad to hear we now have the forum in the MTG Market community, that has been on the wishlist for a while.

267

(197 replies, posted in Announcements)

Roar wrote:

Could you have an agreement with a Commercial site like Cardkingdom?

Most people over here use Deckbox for trading, while we use Cardkingdom for buying. I would see that as a mutual benefit for both Deckbox and Cardkingdom, and a tremendous benefit for us smile

Problem with that is that Deckbox intends to be it's own facilitator for sales, they can't say that their users are just trading, because that would be false.

Hey guys just looking for a fire-lit thicket...help a guy out!

Also if you have foils I would love to trade for those as well!

EDIT: Got the mystic gate normal, still willing to trade towards a foil

269

(197 replies, posted in Announcements)

Ok, so I wasn't going to weight in until I read the whole thread. Took a while, there were 148 responses when I finally clicked reply.

But I hate being that guy who quotes one thing and restarts and old discussion.

With that said I will make only general observations:

1) I agree with what others have said, this site has changed the way I trade and made things so easy for me it's like going from my current computer to the thing I had 6 years ago...painful, and frustrating.

2) Continuing from above, though it is painful and frustrating now this is what follows growth, you know, growing pains, the thing EVERYONE can identify with from the physical stress of your body growing from when you were young. Guess what, this will take some time. Deal with it as you will, but quality takes time and investment, clearly Sebi and team are willing, question is are you? If not, cool, thanks for trading with us, but please be reasonable in your expectations

3) I think the functionality deckobx has is clearly superior to anything else on the market, it is a one stop shop now. It will just take some testing and time to get things into final release =P

4) I'm excited about all the changes and am looking forward to further releases

5) Thanks deckbox team, you made magic easy for me, it's been a blast.



@Paul_K
--- who I have had the pleasure of trading with many times, I liked your comment about the youthful generation (mine) and how they deal with issues, it is all too often true. Also I enjoyed your analysis of how we are all corporations. I would suggest you read The Un-Incorporated Man, was an amazing book, you might be horrified and vindicated in the read =P

Still looking!

bump!

Needs only these to finish my EDH Elementals

Holy crap I didn't know they did boxes through TCG, what have I been doing with my life! *Goes and spends way too much money*

VampireArmy wrote:
AmarusCameron wrote:

175 shipped

If you are interested start a discussion smile

If not, perhaps you could trade me for those lands...I really really need them big_smile ...running a penta color deck is hard work, money is all in the land

That's a pretty nice price! I'll have to see after I get my check for sure.  As for the lands. I would if I had them but I'm pretty greedy about my lands and I only have what I play :3


A month ago I was told 160 was too steep and I was like "Innistrad isn't going anywhere but up I'm not worried" and the guy tried to make me feel the fool and work on a lower price, now the average I see on ebay is between 190-200, I think 175 shipped (about 10 bucks for me to ship it) is a pretty damn fair price.

175 shipped

If you are interested start a discussion smile

If not, perhaps you could trade me for those lands...I really really need them big_smile ...running a penta color deck is hard work, money is all in the land

Hey guys titles say it all, looking for those two lands.

Thanks for your time!