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LIGMA_BALLZ

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Posts posted by LIGMA_BALLZ

  1. 5 minutes ago, INRIhab said:

    • Features exclusive new art direction, design and packaging by Ryan Clark at Invisible Creature, supervised by Chris Carrabba & the entire band. Co-produced by our friends at Unoriginal Vinyl.

    • Includes an 80-page hardcover book — The Oral History of Further Seems Forever — as told by every band member, written by classic AP Magazine “Oral History Of...” writer Ryan Downey. This unique book is filled with unseen photographs, unused art design, and more.

    • The LP's hard cover slipcase features a luminous foil-embossed moon.

    • Features a brand new, complete audio remaster for the vinyl format by Troy Glessner at Spectre Studios. 

    Thanks!  No bonus tracks tho…I’ve already got both of the 2015 repress colors.  do I need another copy of this just for a fancy new remaster?🤔

  2. 2 hours ago, copelandkid said:

    i was reading this doc (linked below) and am now wondering what would constitute "hobby expenses" in our case. like i'm sure we mostly all spend more on buying new records than we do on selling out parts of the collection we don't want anymore. in essence, we "lose" money each year by spending more on new stuff than we make on the occasional discogs or ebay sale. would our hobby expenses be limited to what we paid on the records we happen to sell in a given year? on records we sell and don't manage to sell but have listed for sale? on all the records we buy to facilitate the hobby? anyone have an educated guess here? if it's the last one (and i'm guessing it's not), one could report a "loss" and avoid additional income tax.

    (going off of this very incomplete doc: https://www.irs.gov/newsroom/five-things-to-remember-about-hobby-income-and-expenses)

    Woah, interesting.  I would keep a running total of purchases and sales and at the end of the year and then compare your profit/loss margin.

     

    Whenever I sell, it usually just to funnnel money back in to make another purchase.  So if you spend $700 on records and sell $650, you’re fine 🤷‍♂️

    also, can this new tax law be used as leverage to bring down the cost of overpriced or higher priced records?😉😉😉😉

  3. 8 minutes ago, Derek™ said:

    Gotcha'.  But what measures are there – if any – to prevent someone from saying "yup, I paid $50 for this LP and sold it for $50"?  Is there going to be a requirement to upload an original receipt for all "expenses" [records bought and then] sold?

    Yea, you’ll have to provide some proof of purchase, reciept or something 

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