[Vrodder78]

hello I want to buy some parts from marketplace here in the forum…
Does anyone know where their be an option to pay safely through marketplace or an easy way to make a safe/secure payment for both parties?
Thanks!

 

[Ceigenberger]

Paypal and venmo are the 2 favorite options. Or of course cash is king whenever possible. But…. Be aware that with the new tax law our wonderful administration passed, any sale over $600 gets you a 1099- and you get taxed as a seller. Especially if the buyer tags the purchase “goods and services “ While it does offer protection for the buyer it’s hell for the seller.

 

[Vrodder78]

Thank you!

 

[frogman_h2o]

any sale over $600 gets you a 1099-

Thought that was shot down? ...... maybe just NY in their infinite wisdom? You have to go with your gut here, I purchased an airbox cover from a longtime member recently via a money order and transaction went great............. be wary of buying from people that just joined after your request for parts......... no offense to our new members............. "a fool and his money are soon parted"

 

[Ceigenberger]

Nope. It’s a Biden plan. And I was recently caught up in it when my sister in law sent me money for something with Venmo. So now I’ll get taxed on money that WASNT a profit from a sale of anything, Venmo’s response was “too bad, nothing we can do”.

 

[summerjim]

Paypal and venmo are the 2 favorite options. Or of course cash is king whenever possible. But…. Be aware that with the new tax law our wonderful administration passed, any sale over $600 gets you a 1099- and you get taxed as a seller. Especially if the buyer tags the purchase “goods and services “ While it does offer protection for the buyer it’s hell for the seller.

FOR SALE $599.99 ROFL