I have season tickets for a couple of sports. I sell at least half of the tickets to make a few bucks. I received an expected 1099-K. My question; Do I have a cost basis of the original cost (that I paid) for the gain/profit on the sales? For example, my cost for a ticket is $100 and then I sell the ticket for $200. My gain/profit I end up reporting would be $100?
thanks
