Quote:
Originally Posted by buymycards
Don't forget - eBay will take $150 out of your $1200 offer, and eBay will take $187 if the seller sells it for $1500. That 12.5% adds up quickly on high dollar items.
And - The IRS, the State Dept of Revenue, and Medicare and Social Security will take their share - maybe 30 to 40% out of any profit that is made.
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Thank you for saying this. Sometimes it has felt like I was the only one factoring in those taxes (over 30% in my case) when computing how much money will actually be made on the sale of a card.