I'm a little perplexed/surprised by TMR and who sells to them.....
TMR has become a significant player in used high end gear. Their pitch is "we pay you top dollar hassle free for your used gear" .
OK, what's their idea of top dollar? It's 25% to 30% of MSRP minus more $ for blemishes that lower value. I know. I called them.
The same sellers who list their used gear for 30 or 40% under MSRP and refuse legitimate offers from qualified buyers with proven buying or selling history who offer 1/2 or so of retail are roundly ignored or even insulted. Weeks later the same item shows up at TMR at 50% of retail and you know TMR paid half of that for it.
What makes sellers do such a crazy thing?
Ummm... So, Mulveling, you have a CPA who accepts your word for the fact that you lost money on a sale the proceeds from which were reported as a 1099K via Paypal? Yes, that is the case for me too, that I sell for less than I paid, but unless I can prove it with receipts my accountant won't report it that way. Can someone divulge the translation of the acronym, TMR? Or is that Too Much Response? I never heard of that business, whatever it is. |
@lewm - The Music Room |
I was the first H&R Block client who claimed eBay income (1997 or 1998) per H&R Block. They made numerous calls while I was there checking out the specifics of my spread sheets showing costs of goods, S/H and selling prices (I did not charge sales tax for in-state sales as that was not a requirement @ the time). I pointed out to them that I had not taken out a DBA, which I assumed was required to itemize profit/loss, but they said that it was not needed (it was, IMO but as they were willing to sign off on it I went forward with them). This is the only time I have ever fudged anything in my life and it still haunts me.
DeKay
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