Ebay tax reporting drops from $20,000 to $600

[BobC]

Originally Posted by Michael B

I get what you are saying. With you, tax law, with me property law. I have been doing what I do for 36+ years. I know more than 95% or more of the attorneys when it comes to that. I got my second wife through property in law school. The attorneys always try to finesse it when I tell them something that should be done. When they hem and haw I just tell them that I keep ALL of my records. If it comes back across my desk in a year or two and the issue is not fixed the new attorney will know exactly who handled it the last time.

I have also used your mantra for 30 plus years. Unfortunately, it is lost on some people so I compose my rules.

It is a wise man who knows what he knows and is willing to admit what he doesn't.

I cannot help with the the cards. I do not collect baseball at all. I collect Olympic photography and buy and sell mainly pre-1980's Olympic autographs. I mainly contribute on the other side, but I like the community and read threads on the main page that catch my eye.

Ha Ha,

I hear you when it comes to attorneys. Usually when you get involved with an attorney in some sale/merger, or other big, complicated deal involving multiple people and/or entities, they always try to come in, take over, and act like the quarterback to, I guess, impress the client to justify their fees and have everything done how they like and want. I learned to just chill and sit back because the clients would never sign anything until I looked it over. I'd find all the mistakes and errors, and also point out the problems and omissions. I sometimes wondered if the attorneys actually ever paid attention when people told them what the deal/transaction was, or how it was supposed to go down and work tax-wise. Don't get me wrong, there are a lot of great attorneys, and then there are a lot of other attorneys. LOL

Add about 9-10 years on to your experience for me. I started in the '70s, so this is the 6th different decade I've worked in.

And I also like your saying about being a wise man. I have a little bit different take on that topic and have told people through the years that the more I know or learn, the dumber I feel. And they'd invariably ask me what I meant. And I'd tell them it seemed like every time I learned one new thing, I'd also discover there was like ten more things I didn't know and was now even dumber than before. It would always get a chuckle out of people, who would also agree I made a great point. LOL

Sounds like you have a great collecting activity/collection as well. I've never gotten that deep into the Olympics myself, but the athletes and stories behind a lot of the photographs you own have got to be truly amazing.

Take care.