I'm a little perplexed/surprised by TMR and who sells to them.....

@mulveling 

You just need to know your basis cost (including transaction costs) and approximate purchase date. I don't know how others do this hobby, but I'm in the red for every component I turnover so it's simple matter of recording the lines for your "loss, no net profit" on your taxes. Had to finally deal with a PayPal 1099K from last year, and will again this year. A little hassle, but not too hard, and impacted my return 0 dollars.

My situation exactly.  I basically pulled all my purchases for items that I sold (where the buyer paid using PayPal) by taking screen shots from USAM, some going back several years.  Lost money on pretty much every transaction, with an overall net loss.  My tax preparer had no issues with it.

I would encourage any of you who have not discovered TMR to check out their site. It is the most amazing collection of esoteric quality gear in one place. There is nothing sold that isn't audiophile quality. As a buyer everything sold is bench tested and warrantied with a 30 day return. As a seller, you are off the hook for shipping, payment collection and dealing with trying to sell expensive gear. I recently downsized and explored options for selling several pieces of Mac gear. The consignment percent I received was higher than any local shops offered and was well worth it. Keep in mind when you look at the site, unlike any of the auction sites, every piece of equipment is in a box on their shelf. They listed a pair of Focal Grande Utopia speakers this weekend, go to the site to see what a pair of $550,000 MSRP speakers look like! (I did a search, the currently have 420 speakers listed above $1,000). 

I ended up trying to downsize by getting rid of my Mac separates so I tried several Iterations of Musical Fidelity integrated. After suffering tired ears, I ended up going back to Mac with a MAC 7200. I did all this with the Music room using their 30 day return policy. It helps that I am a couple of hours away so I was able to avoid shipping.

As an add to the above post, TMR assumes ownership of the equipment and they pay all taxes, there is no 1099 issued. That is part of the consignment agreement.

Did you ever try to drag an ungainly, back-breaking boxed piece of kit or speaker down to UPS or FedEx?  TMR sends you a label and arranges pick-up from your front door. I did not need the highest price, as long as it was almost reasonable and simple. I would use TMR again.

When TMR made a mistake on my pmt ck, I got 3 apology emails and they rapidly straightened it out. No aggravation. No chasing them down. We all make mistakes; TMR checked, owned, and fixed theirs quickly. I would use TMR again. 

TMR does a nice job and I've had fine experiences with them but they aren't the only game in town. If you live on the East Coast there are other options. Holt Hill Audio just North of Boston is a super reputable business and their shop (old mill) is like non-other. I go between both HH and TMR and I decide based on whoever offers me a better deal on any particular day. Nice to have choices and these two businesses are top shelf in my book. Just my opinion.