Hi Ddallam,
Great to hear from you 🙂. Key words that you mentioned, that you are a collector of knives and that you are not in it to make a profit consider your transactions a hobby. Under the new Tax Reform, the IRS does not allow you to deduct hoppy expenses from hobby income, you must report the income on Schedule I, line 8 of Form 1040. The income will not be subject to self-employment tax.
Hope this helps you!
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