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Post by Deleted on Mar 6, 2016 16:45:15 GMT -6
Is it second hand if it has only been tried on? Secondhand vs used. For me clothing that has left the original retailer qualifies as secondhand and I won't pay firsthand prices. Some will. |
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Post by exophobe on Mar 6, 2016 17:15:09 GMT -6
Is it second hand if it has only been tried on? Secondhand vs used. For me clothing that has left the original retailer qualifies as secondhand and I won't pay firsthand prices. Some will. The point is that there's a good chance a pair of pants that has never left the retailer has been tried on several times, where a pair ordered online and tried on once would actually have been worn less than what your rules qualify as brand new. |
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Post by brentkuz on Mar 6, 2016 17:33:53 GMT -6
I don't like other people even looking at clothing before I buy them.
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Post by Deleted on Mar 6, 2016 18:12:22 GMT -6
seth - if it was a massive scale operator yes. If it's counterfeit yes. But random non- business doing it. Nopers I totally agree. We are just individuals. Not a business doing it and no one cares. Edit: IHUK might care a little At very least, the "profit" is taxable income that should be claimed... |
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Post by ickes on Mar 6, 2016 18:12:22 GMT -6
Yeah you should see what retail really does with returns. Plus 100 butts could try on a pair of pants and fill it with farts before someone buys them. Lol...never thought of that. |
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Post by brentkuz on Mar 6, 2016 18:13:14 GMT -6
I totally agree. We are just individuals. Not a business doing it and no one cares. Edit: IHUK might care a little At very least, the "profit" is taxable income that should be claimed... Lol since when. |
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Post by davelewis on Mar 6, 2016 18:22:35 GMT -6
I totally agree. We are just individuals. Not a business doing it and no one cares. Edit: IHUK might care a little At very least, the "profit" is taxable income that should be claimed... So if someone purchases an item, and for some reason decides to sell it, but doesn't get their original investment back, do you think the IRS will give you a write off on the loss? |
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Post by Deleted on Mar 6, 2016 18:27:03 GMT -6
Yeah you should see what retail really does with returns. Plus 100 butts could try on a pair of pants and fill it with farts before someone buys them. Must be why Mom always made us wash new clothes before wearing them |
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Post by scooter on Mar 6, 2016 18:49:19 GMT -6
Yeah you should see what retail really does with returns. Plus 100 butts could try on a pair of pants and fill it with farts before someone buys them. Must be why Mom always made us wash new clothes before wearing them That, and the formaldehyde from other sources. |
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Post by Deleted on Mar 6, 2016 18:52:05 GMT -6
She always said they had sizing in them but it was the fart thing for sure.
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Post by brentkuz on Mar 6, 2016 18:52:33 GMT -6
Every lemonade stand, garage sale, private sale of anything at all ever? These things don't need to be recorded to the irs. Just like eBay stores don't get a 1099 unless you hit a certain point. Or say being a baseball ump and make under $500 a year. It's fine.
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Post by devastitis on Mar 6, 2016 19:12:03 GMT -6
At very least, the "profit" is taxable income that should be claimed... So if someone purchases an item, and for some reason decides to sell it, but doesn't get their original investment back, do you think the IRS will give you a write off on the loss? That would be a fun side business to have. |
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Post by scooter on Mar 6, 2016 19:27:46 GMT -6
To be honest, I was playing Devil's Advocate when I raised this issue. After all, the conversation started around 1 shirt. brentkuz , I hope it is understood, my intent was not to single you out. You just happened to be the one to present the idea. Going deeper, I think it may be problematic, if others are of a similar mindset, or worse, purchase with the sole intent of turning for profit, without paying duties. Anyone with a computer could set up a half dozen Rakuten accounts, sit on the releases, purchase 1 or 2 items per account, avoid customs, and resell with no one the wiser. What if there are a number of people engaging in this behavior ? These items slow sales to the retailers doing legitimate business. Any retailer will tell you, if it's not being sold, it's costing them $. So, if one shirt is acceptable, where is the line drawn, then ? 2 ? 3 ? 10 ? I'm with ickes on this, I will avoid "that guy". Ultimately, this activity, whether it be 1 item, or 10, will result in IH pulling product from Japanese retailers selling internationally if they do not cease doing so. I can't speak for the rest of you. But, I'd sure like to keep that option open. The fact we are still able to buy direct tells me IH hasn't reached the breaking point, yet. But, how much more will they take ? |
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Post by brentkuz on Mar 6, 2016 19:32:39 GMT -6
scooter - no worries. I don't take things seriously.
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Post by davelewis on Mar 6, 2016 19:33:22 GMT -6
The majority of the IH shirts offered on Rakuten, are too small for myself, but a few come along once in a while. I too, would like to have an occasional shot at something.
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Post by Deleted on Mar 6, 2016 19:36:34 GMT -6
At very least, the "profit" is taxable income that should be claimed... So if someone purchases an item, and for some reason decides to sell it, but doesn't get their original investment back, do you think the IRS will give you a write off on the loss? We all know tax law doesn't work in our favor lol |
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Post by Deleted on Mar 6, 2016 19:38:03 GMT -6
To be honest, I was playing Devil's Advocate when I raised this issue. After all, the conversation started around 1 shirt. brentkuz , I hope it is understood, my intent was not to single you out. You just happened to be the one to present the idea. Going deeper, I think it may be problematic, if others are of a similar mindset, or worse, purchase with the sole intent of turning for profit, without paying duties. Anyone with a computer could set up a half dozen Rakuten accounts, sit on the releases, purchase 1 or 2 items per account, avoid customs, and resell with no one the wiser. What if there are a number of people engaging in this behavior ? These items slow sales to the retailers doing legitimate business. Any retailer will tell you, if it's not being sold, it's costing them $. So, if one shirt is acceptable, where is the line drawn, then ? 2 ? 3 ? 10 ? I'm with ickes on this, I will avoid "that guy". Ultimately, this activity, whether it be 1 item, or 10, will result in IH pulling product from Japanese retailers selling internationally if they do not cease doing so. I can't speak for the rest of you. But, I'd sure like to keep that option open. The fact we are still able to buy direct tells me IH hasn't reached the breaking point, yet. But, how much more will they take ? This is why when I proxy, I make sure I gain 0% profit... |
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Post by seth on Mar 6, 2016 21:18:33 GMT -6
I totally agree. We are just individuals. Not a business doing it and no one cares. Edit: IHUK might care a little At very least, the "profit" is taxable income that should be claimed... Does it work the other way? I just bought a pair of used Gustin jeans last week. Tried them on for 30 seconds. They didn't fit. Sold them on ebay for $48 less than I bought them for. Is that a tax lose that I can deduct? I'm being a little facetious - I don't think it works as profit or lose either way for a hobby like this. Edit: I see someone made the same point already. |
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Post by exophobe on Mar 6, 2016 21:22:34 GMT -6
At very least, the "profit" is taxable income that should be claimed... Does it work the other way? I just bought a pair of used Gustin jeans last week. Tried them on for 30 seconds. They didn't fit. Sold them on ebay for $48 less than I bought them for. Is that a tax lose that I can deduct? I'm being a little facetious - I don't think it works as profit or lose either way for a hobby like this. Edit: I see someone made the same point already. Gustin wouldn't accept a return? |
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Post by Deleted on Mar 6, 2016 21:28:05 GMT -6
At very least, the "profit" is taxable income that should be claimed... Does it work the other way? I just bought a pair of used Gustin jeans last week. Tried them on for 30 seconds. They didn't fit. Sold them on ebay for $48 less than I bought them for. Is that a tax lose that I can deduct? I'm being a little facetious - I don't think it works as profit or lose either way for a hobby like this. Edit: I see someone made the same point already. If you buy and resell 1 IH shirt every month at a near $200 profit because of whatever reason, I'm sure the IRS would like to know, considering if you win$2000 on a lottery ticket, they tax it... Or a $2000 bonus at work is taxed. Hell, in am EXPEMPT up to $98k-ish on my federal taxes, and my bonuses are ALL taxed, even if I were to earn less than my upper limit. Would I personally go through the trouble to report that money on my taxes as "Other Income Earned"? No. But, is it the right thing to do? Yeah, once you're over a certain threshold, I feel like one SHOULD do it. |
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Post by brentkuz on Mar 7, 2016 9:19:12 GMT -6
Well you would be the only one.
How a bout this. If your state taxes a item. Let's say a laptop. But you bought it online and since it was from an internet company out of state they didn't charge you sales tax. Let's call it 7% on a $1000 laptop or $70 tax.
You are suppose to state that on your yearly income tax. So basically it would bring your state income tax down lol. To this day I've never met anyone to do that and no one has ever gotten there balls busted.
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Post by ickes on Mar 8, 2016 10:57:12 GMT -6
Back to the topic  |
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Post by ickes on Mar 8, 2016 10:57:42 GMT -6
It's time for me to start spending.
Should be in the UK on Monday according to Giles.
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Post by wdw on Mar 8, 2016 11:11:41 GMT -6
No sign of the grey herringbone.
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Post by devastitis on Mar 8, 2016 11:23:47 GMT -6
It's time for me to start spending. Should be in the UK on Monday according to Giles. Blue and orange? |
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