HOLIDAY 2021 - Cool Grey 11

[crumps brother]

Here’s what it currently says on ebay

Didn’t realize it was that high for sales under $100…I thought it was still around 9%

 

[James_O]

damn these are in my top 3 of the year. just absolutely beautiful. ebay is gonna be charging a seller fee starting in janurary. i will miss gripping up order confirmed pairs for way under what’s on stock x.

eBay is already charging selling fees. I just sold a $500 item, and they took $70 away from me

 

[rbk93]

On a pair of shoes? James_O

 

[moseshightower]

Back in the day, sellers got around paying those fees by making the item $1. But the shipping is $200..
Since eBay didn’t include shipping fees

 

[James_O]

On a pair of shoes? James_O

No, it was a high-end airsoft sniper rifle. So maybe selling rules may be different?

 

[206to813]

No, it was a high-end airsoft sniper rifle. So maybe selling rules may be different?

Back in the day, sellers got around paying those fees by making the item $1. But the shipping is $200..
Since eBay didn’t include shipping fees

Yeah eBay was hip to that eventually, charged a fee for item + s/h…. Before they went to no fee over $100

James_O no fees for sneakers over $100 , other categories have fees. I’m not aware of other categories that are also $0 , maybe there are some.

 

[dontbelikethat]

Just got the email from ebay,

"As eBay continues to invest in our platform, we are making changes to final value fees for Men’s and Women’s sneakers listed in the Athletic Shoes category.

Effective January 19, 2022, the final value fee for sneakers over $100 will be 8% (7% for Basic and above Stores subscribers). Insertion fees will continue to be waived for listings with a starting price over $100. See detailed FAQ’s here.

eBay is and will remain the most competitive destination for sneaker resale. We have the lowest fees among competing marketplaces and offer the latest resources to help accelerate, grow and scale your business: no-fee verified returns, seller protections and Authenticity Guarantee. To date, eBay has authenticated about 2 million sneakers globally, with a pair of sneakers purchased every four seconds."

 

[noblekane]

saw it shared from twitter in a fb group i’m in. 8% fees on sneakers over $100 starting 1/19/22

awful.

 

[mikejordanshoes]

ebay sent an email confirming. 8% fee.

 

[Raji Lowenthal]

Regarding the 1099…

I think it’s currently 20k to be tax reportable

Next year a measly $600 to be tax reportable

Time to get the buy/sell forum cracking again

IRS just turned ny shoe hobby into a legitimate buisness. With all the deductions I'll be able to take for things I'm doing anyway

 

[206to813]

IRS just turned ny shoe hobby into a legitimate buisness. With all the deductions I'll be able to take for things I'm doing anyway

If you have an LLC

 

[mixology]

Spring 2021 was earlier this year, and that's just eBay's fee structure for most categories. Doesn't include sneakers.

Seems like I'm late on comments, see above. For sneaker listings over $100 = 8% fee starting 1/19/22. I was wondering when they'd start charging

 

[Raji Lowenthal]

If you have an LLC

LLC 's are easy. I would imagine you can write off your start up costs

 

[ady2glude707]

IRS just turned ny shoe hobby into a legitimate buisness. With all the deductions I'll be able to take for things I'm doing anyway

Examples? You got me curious as to what the possibilities are.

 

[pwguy]

You don't need an LLC if you don't need protections; you can file as a Sole Proprietorship.

 

[KanyIZZY]

Regarding the 1099…

I think it’s currently 20k to be tax reportable

Next year a measly $600 to be tax reportable

Time to get the buy/sell forum cracking again

Still the most aggravating and dangerous thing. smh. Hurts the wrong folks.

 

[KanyIZZY]

Need to find out what ya'll doing with this 600 crap.. I know folks are already on the work around.

 

[Raji Lowenthal]

Examples? You got me curious as to what the possibilities are.

Portion of your mortgage, insurance and property taxes are deductibles in a home based business, if you have a dedicated shoe room in your house, as well as upkeep and repairs. I'm reading up on it now and meeting with a tax person 2nd week of January for instructions.

 

[frank mucus]

 

[HellRazor1978]

2nd pair delivered today. Glad to be done with this release, .

 

[HellRazor1978]

Straight to feet. Very comfy, fit pretty much like the 18’ concords, tts.

 

[spoonmanofthehour]

ebay sent an email confirming. 8% fee.

I was just talking about this last week with a friend, that the fees with eBay had to be coming…and BOOM, here they are. I’m not surprised. It wasn’t going to last forever being free. I just wish it would’ve only been a 5% fee.

 

[crumps brother]

Yeah eBay was hip to that eventually, charged a fee for item + s/h…. Before they went to no fee over $100

James_O no fees for sneakers over $100 , other categories have fees. I’m not aware of other categories that are also $0 , maybe there are some.

Talking about doing transactions off eBay is dead too, and an easy way to get terminated…at least I’m in the top star program

If you have an LLC

So, I should start my own “business”? Landscaping or contractor? What’s the cost to do this **** on legal zoom?

Portion of your mortgage, insurance and property taxes are deductibles in a home based business, if you have a dedicated shoe room in your house, as well as upkeep and repairs. I'm reading up on it now and meeting with a tax person 2nd week of January for instructions.

Be kind and bless us with the deets

 

[206to813]

Need to find out what ya'll doing with this 600 crap.. I know folks are already on the work around.

Just freestyling here….. doing deals locally and via IG stays under the radar… problem is eBay is where the buyers are… maybe we can “subtly” redirect buyers to IG by putting a paper tag with usernames on our pics for example. On description can tell them to check your IG for “questions”. Idk this prob won’t work because buyers will prefer to do the deal on eBay for the authentication system. Unless they can save a buck and it all checks out

 

[KanyIZZY]

Just freestyling here….. doing deals locally and via IG stays under the radar… problem is eBay is where the buyers are… maybe we can “subtly” redirect buyers to IG by putting a paper tag with usernames on our pics for example. On description can tell them to check your IG for “questions”. Idk this prob won’t work because buyers will prefer to do the deal on eBay for the authentication system. Unless they can save a buck and it all checks out

Oh that's too much work lol.. will not be practical. I was talking about tax/filing purposes, write offs, etc.