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Old 12-17-2004, 05:59 AM
Lisa's Avatar
Ashley & Steven's mommy
 
Join Date: May 2004
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Default New with questions...

Hi Ladies,

I started selling on ebay in Oct, so I am still semi new. Dh & I are looking to do something full time with them after the new year and I have some questions for those of you who are experienced sellers

What do you sell, and do you use dropshippers? How much do you sell, and are you making a nice income doing so?

Is the income you make taxable income? I have heard so many different stories on this, and want to do it properly.

Any other tips or advice would be awesome

TIA girls!!!!!
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Old 12-17-2004, 06:45 PM
SKBrilliant
 
Join Date: Jun 2004
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Default Re: New with questions...

What do you sell, and do you use dropshippers? no clue what dropshipper is. I sell boutique bsby vlothes, custome baby clothes and Uggs.

How much do you sell, and are you making a nice income doing so? I sell a ton - i usually have 80-150 auctions going. I also make a good amout of money (profit)

Is the income you make taxable income? God, I hope not - lol
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Old 12-26-2004, 08:29 PM
m2g m2g is offline
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Default Re: New with questions...

Yes, if you are selling for a profit then it is income. It could potentially be considered a hobby for tax purposes but whether it is a hobby or a business it is reportable. If you are selling things around the house for less than you paid then it is not.
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