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Started By
Message
Best place to sell used golf clubs?
Posted on 1/9/22 at 9:48 am
Posted on 1/9/22 at 9:48 am
eBay?
Trade in at golf galaxy?
Other?
Trade in at golf galaxy?
Other?
7
Posted on 1/9/22 at 10:39 am to themasterpater
GolfWRX classifieds or Facebook marketplace
Posted on 1/9/22 at 10:44 am to themasterpater
OfferUp
GolfWRX
GolfWRX
Posted on 1/9/22 at 10:50 am to themasterpater
GolfWRX, Facebook Marketplace, Reddit, eBay (with a big markup).
As of 2022, you'll now get a 1099 if you sell more than $600 for the year
As of 2022, you'll now get a 1099 if you sell more than $600 for the year
Posted on 1/9/22 at 11:41 am to htcthc321
quote:
2022, you'll now get a 1099 if you sell more than $600 for the year
Is this just eBay? Exactly how would the IRS track this on FB marketplace? Or is this just the honor system?
Posted on 1/9/22 at 4:36 pm to themasterpater
Nope. It's basically everything that provides online payments that offer buyer protection (PayPal Goods & Services, Venmo G/S, eBay, etc.)
What's ridiculous is that the old criteria used to be either 200 transactions a year or more than 20K in online sales to be issued a 1099-K.
Now it doesn't matter how many transactions, and you get a 1099-K once you go over $600 in sales for the year. You can write off the initial purchase of the item as a business expense, so you're only taxed on your profit.
But for club hoes like a lot of us, now we have to start keeping up with purchases & sales for everything
What's ridiculous is that the old criteria used to be either 200 transactions a year or more than 20K in online sales to be issued a 1099-K.
Now it doesn't matter how many transactions, and you get a 1099-K once you go over $600 in sales for the year. You can write off the initial purchase of the item as a business expense, so you're only taxed on your profit.
But for club hoes like a lot of us, now we have to start keeping up with purchases & sales for everything
Posted on 1/9/22 at 8:06 pm to htcthc321
That is super annoying. I'm definitely in the red on all my shite, but didn't keep all my receipts for everything.
This post was edited on 1/9/22 at 8:07 pm
Posted on 1/9/22 at 8:14 pm to themasterpater
It'll be a complete shitshow by the time 2023 rolls around and the IRS has to process all these. More than half of the country is going to have 1099s lol
Posted on 1/11/22 at 11:27 am to themasterpater
Callaway preowned has always been fair to me. They carry numerous brand used and you can just ship them the clubs you want to trade in. Very easy.
Posted on 1/11/22 at 8:51 pm to themasterpater
Rock bottom golf if you plan on using credits to buy something else from them using said credits.
Posted on 1/13/22 at 8:02 am to themasterpater
facebook by a long shot,
but the trick is to join these groups and not only post your stuff your selling but in the search bar type "ISO" or "WTB"
stuff youre selling and there are tons of people with posts like that looking to buy stuff and you can comment or message them what you have.
trading is also on the table and you can get some good value if people desperately want what you have.
Ive turned $400 into a $1200 bag
took a year but it helped me also try stuff i like and not loose money if i didnt get on with it
but the trick is to join these groups and not only post your stuff your selling but in the search bar type "ISO" or "WTB"
stuff youre selling and there are tons of people with posts like that looking to buy stuff and you can comment or message them what you have.
trading is also on the table and you can get some good value if people desperately want what you have.
Ive turned $400 into a $1200 bag
took a year but it helped me also try stuff i like and not loose money if i didnt get on with it
Posted on 1/13/22 at 10:06 am to themasterpater
I've been pretty shocked at the prices people paid for my used clubs off ebay
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