Thank you, I appreciate all of the information you've given me. This is definitely a hobby, but I'm starting to realize now that it's edging on the side of a business, and that's not a road I want to go down. I started it to have fun, and it's taking up more time than I'd ideally like for it to. I'm going to read through all of this. I'm at the point that I'm looking for the easiest way to put this in, with the least complication... not necessarily the tax shelter aspect of it as this additional income won't have any effect on my overall bracket. I did buy most of these watches in early 2019, then went overseas for work for 6 months, and only started working on them again. I'm right AT a year... so it's cutting it. I definitely have good records as everything sold was through eBay, and all transactions were through PayPal. Only 2/3rds of my purchases were through eBay though.
Thank you again!
