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Shrevvy

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Everything posted by Shrevvy

  1. My contributions...#121 was the first "expensive" comic I bought at a convention in the 1980s. I think I paid $20 for a copy. This story line has long been a favorite.
  2. This and #121 (even more so than the #120) are some of my favorite X-men covers and stories. Nice copies.
  3. One of my wins last night at Heritage. Have been looking for a really nice copy.
  4. You can get 1 month of GPA for $11. If you are spending five figures on a book, you can probably afford it...
  5. Thread has been cleaned up. Recap is on page one. I will close this thread tomorrow afternoon. TAKE 15% OFF anything remaining if you have already purchased a book in the thread. TAKE 10% OFF anything remaining for anyone else.
  6. Block jacobsneff2012 Bought a book. Messaged a couple days after saying the money was in his bank but couldn't get eBay to accept payment. I responded and then three days of silence.
  7. This is not correct. Buying inventory does not reduce taxable income. Cost of purchases get added to inventory and is charged against revenue once the product is sold. The Schedule C calculation might make it confusing as it looks like inventory is deducted. Example. Purchase one book for $100 and sell for $200. No begining inventory. Cost of Goods is $100 and gross profit is $100. Schedule C looks like this (ignoring labor and other costs): Beg Inventory $0 Purchases +$100 This equates to Line 40 on Scedule C = $100 End Inventory $0 (because you sold the book) Line 41 Subtract Line 41 from Line 40 = $100 Cost of Goods is $100 Now assume you purchase two books each for $100 and sell one for $200. No begining inventory. Cost of Goods is still $100 and gross profit is still $100. Schedule C looks like this (ignoring labor and other costs): Beg Inventory $0 Purchases +$200 This equates to Line 40 on Scedule C = $200 End Inventory $100 (you now have one book you paid $100) Line 41 Subtract Line 41 from Line 40 = $100 Cost of Goods is $100 Inventory purchases do not change cost of goods. The cost of inventory is only netted against sales once the product is sold.
  8. Wrapping up the scans and then will post the Doc Strange 169-183 run. Most of these are 7.0-8.0 and have really rich colors and white pages. They are very nice books. The #169 is a 5.5ish. Give me about 30 minutes...