Plymouthy Adams Posted June 16, 2011 Report Posted June 16, 2011 Anyone have the straight skinny on this new requirement..is this a means for the men in black to nab your money in taxes..whats with the 1099K's...inquiring minds want to know..I always pay e-bay bids with Paypal...seldom do I collect funds..and never do I sell on e-bay..few transactions through this forum and that is about it... Quote
Don Coatney Posted June 16, 2011 Report Posted June 16, 2011 As I have not done paypal in several years I have no idea what you are asking??? Quote
Joe Flanagan Posted June 16, 2011 Report Posted June 16, 2011 I also only pay through PayPal but we're getting ready to start accepting payments for a vacation rental through their service, so I guess I'd better look into this. Quote
YukonJack Posted June 17, 2011 Report Posted June 17, 2011 I have bought a lot from Ebay over the years, Plymouth parts and Post war Lionel trains. As so many other people have done, I from time to time sell off the excess stuff I bought. I hate having to sell on Ebay because their fees keep going up and then they changed a few years ago prohibiting sellers from accepting any form of payment except PayPal. My opinion is that in doing that they not only make money on the listing, final value fee and now on the payment. Sounds like a monopoly to me. I'm sure the government wants their cut also. My understanding is that it should have little effect on the guy selling his own stuff, but get the guys that are running a full time business. I have thought about putting some of my stuff on Craigs List. By the time everyone takes their fees somethings aren't even worth listing. Quote
Plymouthy Adams Posted June 17, 2011 Author Report Posted June 17, 2011 oh yeah..its a controlling interest for sure...e-bay bought out paypal and then they got the sniper software under thier blanket also..and on top of that they love to promote bidding of thier own software for this one itself is the one that gets out of control on the "max" bid at the end..they are making money from every angle..with all of this working at a single website that has millions of active sellers...it is only natural to assume big brother wants into your back pocket..are they going for e-bay...nah..its easier to squeeze the turnips because they don't normally have a lawyer on retainer...I do have a broker..he advised me to hold my water and pass my gas. Quote
Plymouthy Adams Posted June 17, 2011 Author Report Posted June 17, 2011 you do not have to accept this disclosure nor do we have to continue your account if you don't...tell me, where is the choice? gotta love it eh..!! Quote
dezeldoc Posted June 17, 2011 Report Posted June 17, 2011 Don't forget now they also take a % of the shipping fees also!! Quote
Plymouthy Adams Posted June 17, 2011 Author Report Posted June 17, 2011 is that only if you use them for printing the shipping label or is that off the top? this sounds fishy...but of course I have notlisted an e-bay sell ad but one time..too much hassle.. Quote
Reg Evans Posted June 17, 2011 Report Posted June 17, 2011 Don't forget now they also take a % of the shipping fees also!! Yes, but as an example ,instead of 100 people looking at your item at a yard sale or swap meet there are 1,000's lookers which usually nets you many more dollars for an item. This more than pays for the eBay and PayPal fees. Quote
Captain Neon Posted June 17, 2011 Report Posted June 17, 2011 Don't forget now they also take a % of the shipping fees also!! I used to sell a lot of books on eBay's half.com and asked them how they could charge one amount for shipping to the buyer give some of that to the seller and then charge a commission on the sell price too. I never did get a response from half.com as to how they justified charging both a commission and skimming off the shipping price, esp. since they never handle the books. I even had a buyer once complain to me that I didn't leave her feedback on a half.com purchase. Why? She places an order with half.com, they verify the payment, send me an order, I place book in envelope and mail to the address provided by half.com. It isn't as if I am waiting with baited breath for a checque to arrive in the mail, and then worry about whether it is good or not. Also as a general rule, if a seller starts harrassing me about not having left feedback, I politely respond that I don't care about what colour star I have on my feedback profile. The only feedback that any one should be concerned about is negative feedback. If some one meets expectations, why am I susposed to take the extra effort to gush about how wonderful they are. Fortunately, I've never had a seller that uses a bot to jack up sell price beg for feedback yet. He may not appreciate my feedback. Quote
P-12 Tommy Posted June 17, 2011 Report Posted June 17, 2011 Leaving feedback is just a courtesy. When it's accrued it just shows other people that they can trust buying from or selling to. You don't have to reap praise. A simple thanks will suffice. Tom Quote
PatS.... Posted June 17, 2011 Report Posted June 17, 2011 Our feds up here are monitoring the Power Sellers as well in order that they get their pound of flesh. The ponzi schemers and other tax crooks are safe...gotta stop those Power Sellers! Declare the income voluntarily or the tax man will estimate your income, so the forms are for the big sellers. Up here, we can still sell our own property without being taxed...for now. I quit using eBay for buying or selling a few years ago. It is a very very distasteful, thieving, robbing cesspool of hidden fees and monopolistic rules. I rarely even browse because the type of items that used to be auctioned has morphed from private people selling personal cars and parts to big business selling Chinese crap. Quote
greg g Posted June 17, 2011 Report Posted June 17, 2011 It's probably the states putting pressure on the e transfer systems. Seems they want the sales tax "due them" when you buy something out of state. NY has a place where you are to disclose the amout of "unregulated" interstate commerce with parties who do not report collect or pay state sales tax. I believe its the states double dipping as in the case of used car parts the taxes were paid when the piece or assembly was sold in the first place. They are now trying anything thay can to capture this lost revenue. The feds will probably watch to see how effective the states are and then jump in. Private enterprise kinda looses ite meaning, as privacy becomes less and less meaningful. I set up a paypal account and never used it, tried to cancel it and did not get any where, so there is this thing hanging out there that is linked to a credit card. the only good thing is that I can deny charges if they get posted to the card account. I prefer to use USPS money orders to conduct this type of business. As I am sure that when my wife buys something from JC Penny across state lines, all types of alarms go off. Quote
Eneto-55 Posted June 17, 2011 Report Posted June 17, 2011 It's probably the states putting pressure on the e transfer systems. Seems they want the sales tax "due them" when you buy something out of state. .... I believe its the states double dipping as in the case of used car parts the taxes were paid when the piece or assembly was sold in the first place. .... This is something that really gets me riled up, too. Same thing on all used cars. How many times is the average car sold in its lifetime? And the sales tax is collected every time. (Even on private sales, at least here in Ohio. If you didn't pay it through a car dealer, then you pay when you register it. If you bought it out of state, then you pay the difference.) Neto Quote
Don Coatney Posted June 17, 2011 Report Posted June 17, 2011 It has been so long that I dont recall my last eBay transaction. I do study them for prices on things I am looking for. In the past few years I have purchased a lot of movies and other things from Amazon. Standard shipping there is less than three bucks per DVD. I have purchased several DVD's from them for less than a buck plus the three buck shipping fee. I have never left any feedback even after requested to do so. I only recall one time that a seller there failed to satisy me. Amazon also sells car parts but I have never bought any parts from them. No pay-pal when using Amazon. Quote
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