Business vs. Collector vs. Investor - big question. I go with "investor" and Schedule D on my tax return.
By the nature of my acquisitions I feel I can prove investor. I do not collect sets with all the commons, I only collect the most biggest of names and relatively highly graded at that. I do not have an IRA and money for retirement goes into higher end cards, and for the most part stays there. My intent is investment for profit - capital gains.
Keep track of cost basis, and sales price. Declare all sales transactions. Should be good to go.
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