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Net54baseball.com Forums - View Single Post - When Doing a Trade
Thread: When Doing a Trade
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  #27  
Old 12-25-2021, 02:31 PM
BobC BobC is offline
Bob C.
 
Join Date: Apr 2009
Location: Ohio
Posts: 3,279
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Quote:
Originally Posted by Eric72 View Post
There is a taxable event in there to consider.

Trading cards and leaving cash out of the equation might turn out better, financially speaking.
That isn't entirely true. Even if you straight up trade cards for cards, and no cash trades hands, that is a barter transaction and the IRS views it as a fully taxable event.
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