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Deductions & credits
If you did have a business, you would be purchasing items through your business and reselling them for a profit. The only way you could have a loss is to sell the item for less than you purchased it. Seeing someone else sell the same item for more does not constitute a loss.
If you are selling personal items in ebay, you can't take a loss, even if you sell it for less than you bought it.
‎June 4, 2019
12:34 PM
6,041 Views