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Tax law changes
That is where it is confusing to me so overall probably losing thousands per year on other purchases for the collection. However, a few sales do make some money but overall way in the negative. I guess I do not see the point for a transaction count that low and amounts that low with purchases and expenses causing it to go way in the negative each year to put it as a business but if that is the rule...... I thought there were some options for hobby income that would allow some small sales. I just was not sure how or if you could deduct the original card value if filed in that way as other income or something like that.
‎September 28, 2022
9:16 AM