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EBay, Collectors, Flea Market & Antiques

MerryHolidays

(7,715 posts)

14. Don't...at least if it's something you feel will be a good selling product.

Reply to vercetti2021 (Reply #13)

Sat Apr 23, 2022, 05:07 PM

Apr 2022

You're taxed on the profits, not on the gross revenue, as per the eBay link. In addition, you get to deduct several business expenses from your taxes if you make a profit. Owning your own business, as opposed to being a W-2 employee, does have benefits.

If you think something will be successful, don't let this be an obstacle. It's just a consideration.

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Starting a side hustle [View all] vercetti2021 Apr 2022 OP

Mugs are generally a good seller, brer cat Apr 2022 #1

Yes a mug will be 8-12 ounces plus the box, larger mugs over a pound bucolic_frolic Apr 2022 #4

trired sublimation mugs eons ago. mugs with my art and designs on them. turned out msongs Apr 2022 #2

I would think custom signs would be a better niche.nt Trueblue Texan Apr 2022 #3

Yeah my cousin does that really well vercetti2021 Apr 2022 #5

an excellent youtube tutorial on making mugs... msongs Apr 2022 #6

And remember that you will now apparently be issued a 1099 by eBay if you sell over a certain amount MerryHolidays Apr 2022 #7

Wait really? vercetti2021 Apr 2022 #8

From eBay MerryHolidays Apr 2022 #9

Aww vercetti2021 Apr 2022 #13

Don't...at least if it's something you feel will be a good selling product. MerryHolidays Apr 2022 #14

I thought mugs would be fun to design vercetti2021 Apr 2022 #15

It's that way in Germany, too DFW Apr 2022 #10

Part of the American Rescue Plan legislation passed last year MichMan Apr 2022 #12

Anything that is easy to do will have a lot of competition nt Shermann Apr 2022 #11

I buy and sell antiques. Been doing it for over 30 years part time and multigraincracker Apr 2022 #16

Research your prospects before you invest Marthe48 Apr 2022 #17

Very detailed vercetti2021 Apr 2022 #18

You're welcome! Marthe48 Apr 2022 #19