manetteska

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About manetteska

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    FACT if I stop posting, trillions and trillions of transistors would be out of work.

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  1. @manetteska From a recent road trip. I believe the Earp at top right (with cast signatures) sold recently for $500+.
  2. Yes. That’s why I’m leaning more towards B and C from my options above (for first-timers).
  3. So storage fees? Insurance? All deductible? I am scheduling a follow-up call to go over this in more depth. Either I’m doing this wrong, other folks are fudging some numbers, or everyone is in for a rude awakening.
  4. Update: Ouch. Per the first pass by the tax preparer, and using the 1099, from the GROSS amount sent out by eBay/PayPal I am only allowed to deduct the cost of the SOLD items (as well as fees/taxes). It doesn't matter if that money was then used to buy more comics/inventory (essentially getting back to $0 net). Not a good day.
  5. I guess you just read right over this part: " eBay didn't have to do ANYTHING." Could have just slapped it right on top, but didn't. No, I saw that part. I guess my definition of the "high road" is not a half measure.
  6. I stated above what they could have done to avoid these conversations (or others you are saying are happening elsewhere) and it's pretty simple: exclude Sales Tax from eBay's specific fees. The highlighted portion, I believe, shows why you and I don't agree on this or any eBay shenanigans. I don't think they ever take the high road, they take the more money road -- as do most/all companies.
  7. I guess it depends on the "old" way (before the 0.5% discount) if those fees broke out Item cost vs Tax and applied different rates. Anyway, I spent way too much time on this. In conclusion ( ) I understand why eBay charges the processing fee (~3%) on the Sales Tax as it's pretty much standard. What I don't understand is why additional fees are being applied on top of the 3%. It appears eBay somewhat feels the same way -- by reducing FVF by 0.5% to offset -- while a much simpler method would be to exclude them entirely. However, that was not done, and I'm pretty sure we all kno
  8. Final value fees We charge one final value fee when your item sells, and you don't have to worry about third-party payment processing fees. This fee is calculated as a percentage of the total amount of the sale, plus $0.30 per order. The total amount of the sale includes the item price, any handling charges, the shipping service the buyer selects, sales tax, and any other applicable fees.
  9. Per the eBay link you posted earlier, the fees for a non-store are 12.35% for collectibles (they have sports cards as the heading). And in the paragraph above that, it seems like that percent does include the sales tax. So you cannot “take out” the 2.9% processing bc it’s all together now. Meaning, it’s all at 12.35. Not 2.9 of tax and item and 9.45 just item.
  10. I did some math of my own using the above calculation and Fee %'s of 12.85 (original) and 12.35 (new). So, if the above is incorrect, let me know, and I can adjust. Per the above, the "break even" Sales Tax % to make Old Fees = New Fees is actually around 4.25%, and not 5%. So any sales Tax over 4.25%, the seller is giving more money in Fees to eBay than prior. Also, based on an earlier suggestion, there is a non-trivial difference in fees based on the sold item's price. A $100 item with 6% sales Tax will be $13.09 in Fees (versus $12.85 originally); a difference of $0.24 in eba
  11. Can someone confirm a couple things? 1. eBay originally charged X% fees against the Price of the item. The new rule is X-0.5% fees against the Price + Sales Tax of the item. 2. what was the original X% in point 1?
  12. OK; I'll bite. Show me how a sale of a $5 item and a $5000 item to a state with 6% sales tax is equivalent when it comes to Fees paid by the seller. Everything may have "washed out" for you (allegedly), but it will not always be the case. Also, let's just say you are right (not on this topic, but some other one in the future); is it so hard to explain rather than degrade everyone?