So was this not a good deal afterall???

[ShooterJM]

One caveat I feel bears mentioning is that people do need to remember that there is no such thing as "hobby selling" and you have to report that income. I work for a taxing authority and we do keep an eye on Paypal transactions and get anonymous tips (usually from disgruntled competitors and estranged lovers) all the time on situations like this (and we do follow up), so keep your receipts! I've seen a lot of people get in very messy situations because they don't think the income from selling their junk or baseball card collection is subject to income tax (not to mention sales tax if sold within your state, use tax on your shipping supplies if purchased out of state, etc..).

Interesting. Now if that has to be reported as income, isn't the reverse true? IE couldn't you write the depreciation of your current equipment off as a business loss?

[Arstron]

I love spending a little time in the paintball catagory watching every item before it ends to see if I can get some good deals. Its amazing how many good things that go threw ebay that never get bid on.

[Lohman446]

Interesting. Now if that has to be reported as income, isn't the reverse true? IE couldn't you write the depreciation of your current equipment off as a business loss?

Only if the loss is part of a business that has a reasonable expectation of profits. "Hobby" business ie "gentlemen farmer" does not count.

[ShooterJM]

That's my understanding as well, time to break out the tax books on misc income reporting....

[back2integrity]

Hey Dewok, I didn't think you were mad, and I certainly wasn't refering to you at all. And yes, i've kept every single reciept. Got quite a pile of them... lol.

[Lohman446]

Was there really some magical "AO Spirit" that made people willing to take less money for their items from AO members than from anyone else? I'm not talking about dealer discounts, I mean things like RandomMoron on PBN will give you $200 but you sell it to MagDude on AO for $175 just because he is a member. I know I'm a newer member, but I have yet to see anything like this.

Maybe. I have given away things, and seen things given away though because someone is a member of AO. Would nto have gotten the same on PBN from what I have seen.

[olinar]

i was lookin to snipe that auction(lol) but i didnt get to it in time. ill buy the tac one and or 68 off of you. looks to be a great deal though yo could prolly even make some money off it if wanted

[back2integrity]

i was lookin to snipe that auction(lol) but i didnt get to it in time. ill buy the tac one and or 68 off of you. looks to be a great deal though yo could prolly even make some money off it if wanted

Well, i appreciate the offer, but I think i'm going to actually keep this one. But you might see the 68ci up for sale in a few weeks.

[KalFalnal]

I think that guy may have gotten a few more bids if he had spelled Tac-One correctly. Tac. Not Tach.

Good deal for back2integrity though.

[shootz14]

tac one

hey i'll take that tac one off your hands!! email me at [email protected]