Hi, @Pio9577 , thanks for the question! Yes, all sold items result in taxable income, but the original cost of the item (and other business expenses) is deductible. You can either deduct that cost in the year it was incurred, or you can treat it as "inventory" and deduct it as Cost of Goods Sold. The first way is the simplest.
Hope this helps, please let me know if not!
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