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ntslash

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  1. Haha
    ntslash reacted to Derek™ in Selling records and the new tax law   
    D Recs™.
  2. Haha
    ntslash got a reaction from kannibal in PO: The Weeknd - Dawn FM (ships April 29th)   
    According to the Target app, these are the items similar to this product:
     
    Bounty Paper Towels
    Bananas
    Charmin Ultra Soft Toilet Paper
     
  3. Haha
    ntslash got a reaction from illuminographer in PO: The Weeknd - Dawn FM (ships April 29th)   
    According to the Target app, these are the items similar to this product:
     
    Bounty Paper Towels
    Bananas
    Charmin Ultra Soft Toilet Paper
     
  4. Like
    ntslash got a reaction from chrisapple in Selling records and the new tax law   
    Keep in mind here that you only have to pay tax on the profits you make. 
     
    You'll file this as self-employment tax. If you sell $1,000 worth of shit in discogs but you paid $900 for it, you only owe the government taxes on the $100 in profit. You'll report $1000 in sales and $900 in expenses. 
     
    Edit: you might need to file this as capital gains tax. Records likely fall under collectibles here, in which case your net gains are taxed at 28% regardless of income bracket. Fun stuff. What this really means is that prices are going to go up to make up for the additional hit to profit. 
  5. Like
    ntslash got a reaction from stl_ben in Selling records and the new tax law   
    You should probably delete this post. If the IRS sees this, you will owe the government money. You can't sell 10k worth of stuff without paying any taxes on it. At least not legally. The new law doesn't mean you now have to pay taxes on these sales. This has always been the case. The new law just changes the requirements for companies like PayPal and Venmo in terms of who gets a 1099 and how they have to report things. 
  6. Like
    ntslash got a reaction from Corgipants in Selling records and the new tax law   
    Discogs should add a field so you can record how much you paid for a record and upload a receipt. 
  7. Like
    ntslash got a reaction from chevy8 in Selling records and the new tax law   
    Discogs should add a field so you can record how much you paid for a record and upload a receipt. 
  8. Thanks
    ntslash got a reaction from prowl20 in Records With Googly Eyes   
    This was exactly as described and far exceeded my expectations. 
  9. Like
    ntslash got a reaction from faaip de oiad in Selling records and the new tax law   
    Not true. PayPal explicitly stated that this is for Goods and Services transactions only. https://newsroom.paypal-corp.com/2021-11-04-New-US-Tax-Reporting-Requirements-Your-Questions-Answered
  10. Like
    ntslash got a reaction from faaip de oiad in Selling records and the new tax law   
    Discogs should add a field so you can record how much you paid for a record and upload a receipt. 
  11. Like
    ntslash got a reaction from sabukweli in Selling records and the new tax law   
    Discogs should add a field so you can record how much you paid for a record and upload a receipt. 
  12. Haha
    ntslash reacted to [Banned User] in Preorders🤬   
    My vinyl collection is only preorders. In fact, once the preorder does ship to me, I simply return it and then remove it from my collection. Then I preorder something new to take its place.
  13. Haha
    ntslash reacted to TheGhostOfRandySavage in Preorders🤬   
    Yes. You're the only person in the world who gets frustrated waiting for something that gets pushed back. You're very unique and special.
  14. Like
    ntslash got a reaction from coolio in Radiohead - Kid A / Amnesiac 21st Anniversary Reissue (KID A Mnesia)   
    Got my copy from Plaid Room last night. I've listened to Kid A and Amnesiac but not the bonus disc. No issues with pops or sibilance for me on either disc. This definitely sounds better than my OG 10" copies, most notably on Idioteque and Pakt Like Sardines. Really brought out sounds I'd never noticed before, which is saying a lot given how many times I have listened to these albums. 
  15. Thanks
    ntslash got a reaction from V3XED in Soon? The Mars Volta   
    My replacement arrived last week and sounds much better. 
  16. Like
    ntslash got a reaction from seku in PO NOW: dredg - leitmotif   
    This is spot on. I really wanted the Fillmore pressing but balked at the price. Now it's 5x the price and I am really regretting my decision not to buy. 
  17. Like
    ntslash got a reaction from whoa in PO NOW: dredg - leitmotif   
    Dammit, there was a pube release? I missed that one! 
  18. Like
    ntslash reacted to mcpherson123 in PO NOW: dredg - leitmotif   
    I think that Live At The Fillmore 2xLP was like $60 or $80. That seemed egregious. $40 for a single LP is tough. But these will sell out and you'll be left with discogs prices if you want to get one at that point.  I wouldn't normally buy a $40 single LP but I have the 2009 press and I get nervous when playing it because it is so irreplaceable.  I don't feel great about the price but I snagged one of these anyway. Its just going to be more expensive later.
  19. Like
    ntslash got a reaction from danyc in PO NOW: dredg - leitmotif   
    Cheaper than I expected. I was hoping they would do an alternate album cover for this one, but I went ahead and ordered. 
  20. Like
    ntslash got a reaction from Vega in PO NOW: dredg - leitmotif   
    Cheaper than I expected. I was hoping they would do an alternate album cover for this one, but I went ahead and ordered. 
  21. Like
    ntslash got a reaction from Justinadamk in PO NOW: dredg - leitmotif   
    Cheaper than I expected. I was hoping they would do an alternate album cover for this one, but I went ahead and ordered. 
  22. Haha
    ntslash got a reaction from Vega in PO NOW: dredg - leitmotif   
    I'm calling $60 plus shipping for a single LP. 
  23. Like
    ntslash got a reaction from Shelby in Radiohead - Kid A / Amnesiac 21st Anniversary Reissue (KID A Mnesia)   
    The only Radiohead albums that aren't a 10.0 are King of Limbs and Pablo Honey. 
  24. Like
    ntslash got a reaction from mindphaser in Spiritbox Thread: PO Now Eternal Blue   
    I'm sure that 12 more variants will pop up soon. 
  25. Haha
    ntslash got a reaction from Shelby in Marilyn Manson Reissues?   
    This comment just broke my sarcasm detector! 
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