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Post by alanpartridge on Feb 22, 2023 12:40:17 GMT -5
We (the scalpers) will always be here... loitering in the darkness...always watching for that flicker...that....illusive moment when an oppertunity arises to take your hard earned cash. Perhaps you will see us as you walk through your store...yes we will even take the box damaged stuff and sell it loose....but have no doubt...we are there in the shadows waiting...eventually we will get something good...something that you must have that is in short supply.....and when you click that button....when the temptation of a quick buy it now easy fix gets to much for you to resist...WE will happily take your cash......so why fight it? Go on....buy from us and its gonna feel.....so good. scalping is a true art
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secondwhiteline
Main Eventer
Joined on: Nov 18, 2015 13:06:39 GMT -5
Posts: 1,543
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Post by secondwhiteline on Feb 22, 2023 14:52:11 GMT -5
I think there's much less flipping opportunity in wrestling figures particularly, since we all get our stuff from a few major sites and Mattel makes so many that we can even preorder chases. It's mostly just exclusives or other limited/specialty figures that get scalped. It's largely the same for other types of figures now. If I wanted to make money off figures, I'd buy heavily on a boutique product with a time window preorder and be aware I might have to hold onto stock for awhile. Anything mass market, it's like, what could the margins possibly be for buying a $20-25 figure at a major retailer and eBaying it? It's taxed income and eBay takes a cut. I agree. I preordered like two Mezco figures from like last year and might have to sell them off, even though I don't want to. I think higher end figures are a little easier to let go of than wrestling figures because people are willing to spend more and might just have a bigger budget. Just selling off a large portion of my wrestling collection was a headache within itself with lowball offers, selling figures for discount cheap, buying supplies, paying for shipping and then taking losses from Ebay cuts. You also get the occasional Ebayer with zero feedback who then claims their package never arrived either. BTW, did that tax law go into full effect?I think the $600 reporting threshold goes into effect this calendar year and will impact 2024 taxes? I'm having trouble linking to eBay's FAQ page about it, but it seems to confirm that.
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hasbroski
Jobber
Joined on: Oct 18, 2018 10:12:14 GMT -5
Posts: 25
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Post by hasbroski on Feb 22, 2023 15:21:31 GMT -5
I agree. I preordered like two Mezco figures from like last year and might have to sell them off, even though I don't want to. I think higher end figures are a little easier to let go of than wrestling figures because people are willing to spend more and might just have a bigger budget. Just selling off a large portion of my wrestling collection was a headache within itself with lowball offers, selling figures for discount cheap, buying supplies, paying for shipping and then taking losses from Ebay cuts. You also get the occasional Ebayer with zero feedback who then claims their package never arrived either. BTW, did that tax law go into full effect?I think the $600 reporting threshold goes into effect this calendar year and will impact 2024 taxes? I'm having trouble linking to eBay's FAQ page about it, but it seems to confirm that. The $600 threshold applies to your 2022 taxes. eBay would have mailed you a Form 1099-K. It would also be available on your eBay account. Source: I filed my taxes Monday.
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viper412
Main Eventer
Joined on: Feb 9, 2021 15:36:42 GMT -5
Posts: 2,329
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Post by viper412 on Feb 22, 2023 15:29:04 GMT -5
I think the $600 reporting threshold goes into effect this calendar year and will impact 2024 taxes? I'm having trouble linking to eBay's FAQ page about it, but it seems to confirm that. The $600 threshold applies to your 2022 taxes. eBay would have mailed you a Form 1099-K. It would also be available on your eBay account. Source: I filed my taxes Monday. they postponed it federally so that must’ve been your state requirement. It was supposed to be 2022 but last week of 2022 they pushed it to 2023
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hasbroski
Jobber
Joined on: Oct 18, 2018 10:12:14 GMT -5
Posts: 25
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Post by hasbroski on Feb 22, 2023 15:37:18 GMT -5
The $600 threshold applies to your 2022 taxes. eBay would have mailed you a Form 1099-K. It would also be available on your eBay account. Source: I filed my taxes Monday. they postponed it federally so that must’ve been your state requirement. It was supposed to be 2022 but last week of 2022 they pushed it to 2023 You are correct. I filed my own taxes with TurboTax and manually added my 1099-K. "For taxpayers who may have already received a 1099-K as a result of the statutory changes, the IRS is working rapidly to provide instructions and clarity so that taxpayers understand what to do." - I never received any instructions. I was only trying to do the "right" thing!
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Post by GreyHaze:Big Bad Booty Daddy on Feb 22, 2023 16:04:25 GMT -5
The $600 threshold applies to your 2022 taxes. eBay would have mailed you a Form 1099-K. It would also be available on your eBay account. Source: I filed my taxes Monday. they postponed it federally so that must’ve been your state requirement. It was supposed to be 2022 but last week of 2022 they pushed it to 2023 I searched my mailbox and see that I got a email saying that I needed to submit my social security since I made more than $600. That email was sent last year though. I clicked the link and nothing. Oh well... It's absolutely ridiculous that we have to pay taxes for items we already paid taxes for previously. At this point I've sold most of my collection for crumbs.
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bish
Mid-Carder
Joined on: Oct 8, 2020 7:49:38 GMT -5
Posts: 253
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Post by bish on Feb 23, 2023 16:28:40 GMT -5
The threat of the greatest hits line changes the risk for scalpers when they speculate on future values.
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bish
Mid-Carder
Joined on: Oct 8, 2020 7:49:38 GMT -5
Posts: 253
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Post by bish on Feb 23, 2023 16:29:09 GMT -5
The threat of the greatest hits line changes the risk for scalpers when they speculate on future values.
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Post by Crane on Feb 23, 2023 16:40:19 GMT -5
I remember the great NXT/Pete Dunne wars of 2019… Lord don't remind me lol
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kutzheels
Mid-Carder
Joined on: Jul 6, 2018 8:39:12 GMT -5
Posts: 292
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Post by kutzheels on Feb 23, 2023 16:59:48 GMT -5
they postponed it federally so that must’ve been your state requirement. It was supposed to be 2022 but last week of 2022 they pushed it to 2023 You are correct. I filed my own taxes with TurboTax and manually added my 1099-K. "For taxpayers who may have already received a 1099-K as a result of the statutory changes, the IRS is working rapidly to provide instructions and clarity so that taxpayers understand what to do." - I never received any instructions. I was only trying to do the "right" thing! Yeah it was to be postponed until next year but eBay still sent me a 1099 Jan 31st. Have no clue why. Sucks
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Post by HandsomeHollywood on Feb 23, 2023 17:14:41 GMT -5
The last wave of scalping seemed really ill-advised to me. As if a bunch of people all listened to the same podcast that told them buying from the store and then using Facebook marketplace try to replace the store, was a great idea. When someone won't pay you $80 for a Top Picks AJ Styles, I think they realized it isn't that easy.
Scalpers in my area were going to stores and buying multiples of entire cases and trying to sell them at twice the price. They most likely ended up with way too much product they couldn't move and gave up...for now.
Feels much better knowing my stores are empty because of...I don't know why, rather than scalping.
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captncharisma19
Main Eventer
Joined on: Sept 16, 2019 12:54:17 GMT -5
Posts: 2,659
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Post by captncharisma19 on Feb 23, 2023 17:53:58 GMT -5
I remember the great NXT/Pete Dunne wars of 2019… still sells for too much for my taste. I'll get it one of these days
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Post by Crossfit Jesus on Feb 23, 2023 18:10:19 GMT -5
I remember the great NXT/Pete Dunne wars of 2019… still sells for too much for my taste. I'll get it one of these days I have a loose one if you need
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Post by Jim Cornette’s Wendy’s Order🍔 on Feb 23, 2023 18:22:44 GMT -5
I remember the great NXT/Pete Dunne wars of 2019… still sells for too much for my taste. I'll get it one of these days Snagged one for $20 loose just last week on eBay
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Post by CM Tusk on Feb 23, 2023 18:25:44 GMT -5
I sometimes view scalpers as Doordashers. Pay a little up charge for them to get it for me so I don’t have to take myself to the store to find it. Sometimes it’s really come in handy. Especially with the Ultimate collection. I’m not totally anti scalpers. The ones that put things up for ridiculous prices usually won’t sell it for that high and you just have to wait for them to realize and drop the price down.
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Post by alanpartridge on Feb 23, 2023 18:28:23 GMT -5
I sometimes view scalpers as Doordashers. Pay a little up charge for them to get it for me so I don’t have to take myself to the store to find it. Sometimes it’s really come in handy. Especially with the Ultimate collection. I’m not totally anti scalpers. The ones that put things up for ridiculous prices usually won’t sell it for that high and you just have to wait for them to realize and drop the price down. interesting spin
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Post by CM Tusk on Feb 23, 2023 18:35:58 GMT -5
I sometimes view scalpers as Doordashers. Pay a little up charge for them to get it for me so I don’t have to take myself to the store to find it. Sometimes it’s really come in handy. Especially with the Ultimate collection. I’m not totally anti scalpers. The ones that put things up for ridiculous prices usually won’t sell it for that high and you just have to wait for them to realize and drop the price down. interesting spin Like, I totally understand why the majority hates them. I’m only speaking for me personally as a collector. It’s made my life and the hunt a little easier.
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figsrkewl
Jobber
Joined on: Jul 3, 2022 2:20:58 GMT -5
Posts: 29
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Post by figsrkewl on Feb 23, 2023 18:59:11 GMT -5
Online availability has helped alot. Most figures I buy online now. Rarely do I go actually hunt. Wait for a ringside sale and get em. My area used to get the brand new stuff but my local stores are always so behind. I buy the target exclusives and that's about it. Walmart near me never has anything and I hate going to Walmart anyway lol
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bige
Superstar
show ya macho man collections
Joined on: Apr 22, 2014 3:51:21 GMT -5
Posts: 557
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Post by bige on Feb 23, 2023 19:35:59 GMT -5
I remember the great NXT/Pete Dunne wars of 2019… Remember those days everyone was after him I just walked in my local target in Australia and 3 on the shelve after that I brought he’s other elite and he’s basic
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GR81J
Main Eventer
Joined on: Mar 18, 2003 11:12:08 GMT -5
Posts: 1,294
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Post by GR81J on Feb 23, 2023 19:47:07 GMT -5
They're definitely not dead they shifted over to AEW figures lmao
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