Considering selling everything - Final Update/Tally

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#13

03-02-2015, 04:58 AM

iwantitiwinit iwantitiwinit is offline

rob.ert int.rieri

Join Date: May 2009

Location: NC

Posts: 2,966

You might not have lost as much as you thought. If you fill out Schedule C declaring baseball cards as a business you can claim a loss of approx. 7k. If you are in the 30% tax bracket you can save $2100 at the federal level and a bit more on the state level. That would probably be spread out over 2014 and 2015 but if you have the time it might be worth it.

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