@fanfare
Hi - thanks for the comment. I am not looking to play games with my cost basis. I have receipts and sales for cards I purchased and sold, whether they were single buys or new boxes.
I'm just trying to figure out that if I sell some cards at $X amount profit, do I have the ability to offset the profits with selling card "lots" for less than my cost basis.
A lot of my cards have a cost basis of $.34 - $1.29 each. Some can be sold for $.75 - $1 each, and some are usually $.10 on other sites like sportlots.
If I sell X amount of cheap cards at the end of the year at a loss to clear my inventory, will that lower my profit?
Thanks
