Collectible Classifieds-Primarily for Stephen King Items

[Br!an]

Home Depot, Barnes and Noble, Office Depot, and JC Penney accept PP.

[MikeDuke]

On the PP thing, I am assuming that it has to be connected to a bank account (saving or checking account). I don't like that idea. It may be old fashion but it's how I am. I like to pay cash, check, or CC and that's it.
But it is a sweet looking book. But I have to relax a little bit because I may have something else coming on down the line.

[becca69]

I believe you can connect to a credit card. You can also pay direct without an account if a seller sends you an invoice - but you can use "Friends & Family" that way.

[Beverly Marsh]

I am considering selling the Suntup EOTD portfolio that I own. I don't really collect portfolios
and to be completely upfront I bought it to get a Misery S/L. It is a gorgeous production and
it's not a must that I sell. Just gauging interest in case anyone that really wanted it missed out. Would
sell for issue price of $300 and throw in free shipping.
However, Misery is NOT for sale nor will it be for a very long time

With all of the frenzy surrounding Suntup and DRE I'm honestly surprised that this isn't more sought after because it IS beautiful!

Please PM if interested.

$250 plus actual shipping.

[Lurker]

I too was never ever ever going to use Pay Pal, but then a book was for sale I really really wanted - one of series of remarques by some guy named Maitz… and he only took PP.

So, I opened a second checking account for Pay Pal so if something did go terribly wrong it wouldn't affect my main account. Plus I now had an account I was ok with using for Amazon to deposit into as a seller.

Now I can't imagine not having it - just about everyone takes it, even non-USA sellers.

[MikeDuke]

I believe you can connect to a credit card. You can also pay direct without an account if a seller sends you an invoice - but you can use "Friends & Family" that way.

I did not know that. But I guess I am hesitant about it being connected to anything. But the invoice thing and Friends & Family are things that I did not know about. Thanks.
I guess I am just too old fashion. It would be a sweet book to have but if was at $800 the first time, I am sure it is that now, and I can't afford it anyway. It would be cool though
to send a book to some one to do that for me personally. But I don't see that happening either. Thanks for the explanation though.

[Father Cody]

I believe you can connect to a credit card. You can also pay direct without an account if a seller sends you an invoice - but you can use "Friends & Family" that way.

I did not know that. But I guess I am hesitant about it being connected to anything. But the invoice thing and Friends & Family are things that I did not know about. Thanks.
I guess I am just too old fashion. It would be a sweet book to have but if was at $800 the first time, I am sure it is that now, and I can't afford it anyway. It would be cool though
to send a book to some one to do that for me personally. But I don't see that happening either. Thanks for the explanation though.

I can pretty much guarantee your information is already in multiple web-accessible databases whether you put it there yourself or not. Nearly every service you use stores your information and many of them sell it to other companies. They’re also sharing it inter-organizationally and odds are some, if not most of them, use the web to do that.

[MikeDuke]

I believe you can connect to a credit card. You can also pay direct without an account if a seller sends you an invoice - but you can use "Friends & Family" that way.

I did not know that. But I guess I am hesitant about it being connected to anything. But the invoice thing and Friends & Family are things that I did not know about. Thanks.
I guess I am just too old fashion. It would be a sweet book to have but if was at $800 the first time, I am sure it is that now, and I can't afford it anyway. It would be cool though
to send a book to some one to do that for me personally. But I don't see that happening either. Thanks for the explanation though.

I can pretty much guarantee your information is already in multiple web-accessible databases whether you put it there yourself or not. Nearly every service you use stores your information and many of them sell it to other companies. They’re also sharing it inter-organizationally and odds are some, if not most of them, use the web to do that.

I know I know. But that doesn't mean I have to make it even easier for them to do it.

[becca69]

That should say can't use Friends and Family with an invoice. Not sure what happened there. Sorry.

Also, Paypal is highly secure. My husband works for Paypal and I've used them for many, many years without any issues at all.

If you link a credit card, you are double insured - by Paypal and your CC company. Of course the Gift option takes that protection away on the Paypal side.

[Father Cody]

I know I know. But that doesn't mean I have to make it even easier for them to do it.

I hear you and I’m not challenging you by any means, but my point is you couldn’t make it any easier for them if you wanted to. One of my oldest friends was anti-tech long before the days of Google and Facebook, or even internet porn for that matter, and he still managed to have his identity stolen. Turned out his bank screwed up somehow or another and failed to secure his sensitive personal details. The bank was Wells Fargo, too. Not trying to sell you on PayPal, I’m sure not using it decreases the chances of something like identify theft, but your info is still quite vulnerable regardless.

[webstar1000]

That should say can't use Friends and Family with an invoice. Not sure what happened there. Sorry.

Also, Paypal is highly secure. My husband works for Paypal and I've used them for many, many years without any issues at all.

If you link a credit card, you are double insured - by Paypal and your CC company. Of course the Gift option takes that protection away on the Paypal side.

Agree. I love PayPal and use it for all my book transactions. I still have the odd person wanting to use a money order or check but i see that less and less.


Sent from my iPhone using Tapatalk

[MikeDuke]

I know you are not challenging me. I did not take it like that. I have friends who use it also. It's just something new, to me that is. And that's all. Plus I never really bought anything online that required it so it never entered my mind.
I buy stuff from Amazon and B&N (even though their site sucks now) and I never used paypal. Before, I would have a go-between to buy my books for me so I never bought anything on eBay like that. Most if not all of my King buying now
is through Dave or a specific site like SP, or something like that. I hardly do person to person purchases so I never had a need for it. Now I am too set in my ways.

And that's neat Becca that your Husband works for Paypal. I guess he would know now wouldn't he. I understand that for many transactions, or one person businesses, it's probably a great thing to use. I guess since I never used it, never wanted to.
It all seems (seemed) complicated to me that's all. But maybe one day I will look into it more.

[Pasiuk57]

The only thing I hate about paypal besides the fees, is that IF you sell over $20000 in a year AND 200 people pay you(transactions), you will, in the USA, be given a 1099, thus reporting the amount to the government.
Not really sure I find it fair. Who is to say you paid $400 for a book and sold it for $500, you would be taxed on the $500 I am told from PP. The main thing is that BOTH have to occur before you pay taxes on the amount of the 1099 form.
It is a rule I did not know of until a couple on months ago.
When selling, it is a PP (or Federal??) rule.
They don't care how much you buy, just how much you sell.
Just what I know(heard from PP) so far.....

[Merlin1958]

The only thing I hate about paypal besides the fees, is that IF you sell over $20000 in a year AND 200 people pay you(transactions), you will, in the USA, be given a 1099, thus reporting the amount to the government.
Not really sure I find it fair. Who is to say you paid $400 for a book and sold it for $500, you would be taxed on the $500 I am told from PP. The main thing is that BOTH have to occur before you pay taxes on the amount of the 1099 form.
It is a rule I did not know of until a couple on months ago.
When selling, it is a PP (or Federal??) rule.
They don't care how much you buy, just how much you sell.
Just what I know(heard from PP) so far.....

It so happens that I am unfortunately very familiar with the IRS/1099 rules. I used to own a Wall St consulting firm and back in the '80's/90's we used to pay employees via 1099. Of course we were'nt the only ones, but suffice to say that back then it was seen as a loophole by many and abused. 1099 "Consultants/contractors/entrepeneurs" don't pay state & federal tax or Social security until they file returns on a quarterly basis. basically, 1099 meant you were an individual business and you'd add up expenses subtract them from gross receipts and pay taxes/SS on the profits. problem is/was most don't file or properly report. The IRS began to crack down and started holding companies paying employees as independent contractors (1099) responsible for the unpaid taxes. They're still cracking down and tightening the loop holes. That is why PP won't fuck around with the 1099 because the IRS can hold them liable for unpaid taxes.

If you bought a book for $400 and sold it for $500 the purchase is an inventory expense levied against the sell price and taxes are due on the $100 profit. Of course, SAVE THE RECEIPT!!!!!!! lol lol Eventually the IRS will tighten the threshold even more than the current limits for a 1099. They get their pound of flesh boys. One way or another. You NEVER want to dance with the IRS. They're a Motherfucker of a dance partner!!! lol lol

[MikeDuke]

That should say can't use Friends and Family with an invoice. Not sure what happened there. Sorry.

Also, Paypal is highly secure. My husband works for Paypal and I've used them for many, many years without any issues at all.

If you link a credit card, you are double insured - by Paypal and your CC company. Of course the Gift option takes that protection away on the Paypal side.

Agree. I love PayPal and use it for all my book transactions. I still have the odd person wanting to use a money order or check but i see that less and less.


Sent from my iPhone using Tapatalk

That would be me. I would be that odd person.

[firemonkey66]

The only thing I hate about paypal besides the fees, is that IF you sell over $20000 in a year AND 200 people pay you(transactions), you will, in the USA, be given a 1099, thus reporting the amount to the government.
Not really sure I find it fair. Who is to say you paid $400 for a book and sold it for $500, you would be taxed on the $500 I am told from PP. The main thing is that BOTH have to occur before you pay taxes on the amount of the 1099 form.
It is a rule I did not know of until a couple on months ago.
When selling, it is a PP (or Federal??) rule.
They don't care how much you buy, just how much you sell.
Just what I know(heard from PP) so far.....

There’s 2 states where the laws have changed so that if you receive a payment for 600+ dollars and the buyer uses a credit card, you get a 1099. I know that because I sold one book on eBay for 1225 dollars last year and received a 1099 for that exact amount. When I called PayPal, I found out about the 2 states, and how I’m lucky enough to live in one of them.

[Merlin1958]

The only thing I hate about paypal besides the fees, is that IF you sell over $20000 in a year AND 200 people pay you(transactions), you will, in the USA, be given a 1099, thus reporting the amount to the government.
Not really sure I find it fair. Who is to say you paid $400 for a book and sold it for $500, you would be taxed on the $500 I am told from PP. The main thing is that BOTH have to occur before you pay taxes on the amount of the 1099 form.
It is a rule I did not know of until a couple on months ago.
When selling, it is a PP (or Federal??) rule.
They don't care how much you buy, just how much you sell.
Just what I know(heard from PP) so far.....

There’s 2 states where the laws have changed so that if you receive a payment for 600+ dollars and the buyer uses a credit card, you get a 1099. I know that because I sold one book on eBay for 1225 dollars last year and received a 1099 for that exact amount. When I called PayPal, I found out about the 2 states, and how I’m lucky enough to live in one of them.

Just to be clear, States don't really play into as much. 1099 is more a Federal component, don't get me wrong states want their piece of the pie as well, but the Fed's come first. When PP issues a 1099 they are doing so as part of their federal corporate tax filing and declaring you (1099 recipient) as an expense against their adjusted profit. 1099's are a "Red Flag" to the IRS to a lesser and greater extent depending on the amount of transactions and gross dollars. If you are dealing in 5 or 6 figures you're "Red flag" has more potential for an audit. The occasional transaction not so much, but it still is a "Red Flag" and could land you in the IRS "Random Audit" pool unless the figures are reported on your tax return.

They are going after these type transactions more and more. If you recieve a 1099 be sure to report it on your return. IRS database looks to match 1099's reported by corporations like PP against recipients filing their return. Same holds for income received for investment gains and casino's. Of course the gross dollar amounts do play into the reporting and they are not gonna knock your door down for a 1,000$ transaction, but you may make the "Audit Lottery" and if you didn't report the income its a violation.

[Randall Flagg]

What 2 states require a 1099 be issued for such a small amount, and 1 transaction?

[firemonkey66]

What 2 states require a 1099 be issued for such a small amount, and 1 transaction?

One is taxachusetts, I don’t remember the other.

[lotuz]

It so happens that I am unfortunately very familiar with the IRS/1099 rules. I used to own a Wall St consulting firm and back in the '80's/90's we used to pay employees via 1099. Of course we were'nt the only ones, but suffice to say that back then it was seen as a loophole by many and abused. 1099 "Consultants/contractors/entrepeneurs" don't pay state & federal tax or Social security until they file returns on a quarterly basis. basically, 1099 meant you were an individual business and you'd add up expenses subtract them from gross receipts and pay taxes/SS on the profits. problem is/was most don't file or properly report. The IRS began to crack down and started holding companies paying employees as independent contractors (1099) responsible for the unpaid taxes. They're still cracking down and tightening the loop holes. That is why PP won't fuck around with the 1099 because the IRS can hold them liable for unpaid taxes.

If you bought a book for $400 and sold it for $500 the purchase is an inventory expense levied against the sell price and taxes are due on the $100 profit. Of course, SAVE THE RECEIPT!!!!!!! lol lol Eventually the IRS will tighten the threshold even more than the current limits for a 1099. They get their pound of flesh boys. One way or another. You NEVER want to dance with the IRS. They're a Motherfucker of a dance partner!!! lol lol

As someone who has both received 1099's and sent out 1099's, I echo this: don't mess around. If you think that you could hit this limit, keep your receipts for the books you buy. Merlin is right that you will only have to pay taxes on the profit, but you will also have to claim the original purchase as a deduction in order to do so. If you are on the receiving end of a 1099 for labor you provided, you will owe 15.3% in taxes - both the employer and employee portion of Social Security and Medicare taxes. I'm not sure if it works the same way for selling books - I'd ask an accountant. I don't want to get political here, but the 1099 economy is really shitty. There's a reason that companies like 1099 labor - not only is the entire tax burden on the "employee", but the company doesn't have to pay taxes on the income it uses to pay the "employee". It's a win-win for them.

[Merlin1958]

It so happens that I am unfortunately very familiar with the IRS/1099 rules. I used to own a Wall St consulting firm and back in the '80's/90's we used to pay employees via 1099. Of course we were'nt the only ones, but suffice to say that back then it was seen as a loophole by many and abused. 1099 "Consultants/contractors/entrepeneurs" don't pay state & federal tax or Social security until they file returns on a quarterly basis. basically, 1099 meant you were an individual business and you'd add up expenses subtract them from gross receipts and pay taxes/SS on the profits. problem is/was most don't file or properly report. The IRS began to crack down and started holding companies paying employees as independent contractors (1099) responsible for the unpaid taxes. They're still cracking down and tightening the loop holes. That is why PP won't fuck around with the 1099 because the IRS can hold them liable for unpaid taxes.

If you bought a book for $400 and sold it for $500 the purchase is an inventory expense levied against the sell price and taxes are due on the $100 profit. Of course, SAVE THE RECEIPT!!!!!!! lol lol Eventually the IRS will tighten the threshold even more than the current limits for a 1099. They get their pound of flesh boys. One way or another. You NEVER want to dance with the IRS. They're a Motherfucker of a dance partner!!! lol lol

As someone who has both received 1099's and sent out 1099's, I echo this: don't mess around. If you think that you could hit this limit, keep your receipts for the books you buy. Merlin is right that you will only have to pay taxes on the profit, but you will also have to claim the original purchase as a deduction in order to do so. If you are on the receiving end of a 1099 for labor you provided, you will owe 15.3% in taxes - both the employer and employee portion of Social Security and Medicare taxes. I'm not sure if it works the same way for selling books - I'd ask an accountant. I don't want to get political here, but the 1099 economy is really shitty. There's a reason that companies like 1099 labor - not only is the entire tax burden on the "employee", but the company doesn't have to pay taxes on the income it uses to pay the "employee". It's a win-win for them.

Thanks. It's not exactly a "Win/Win" for the corporations. I mean any funds paid to a contractor for labor is a legitimate expense much as the cost of the book is as described above. However, Corporations can and will be held liable for unpaid taxes by the independent contractor under certain circumstances. When I owned my company it was based on a percentage of the "Work Force under 1099" and I'm sure it has changed. In the end its the trends that are the highest Red Flag as for most loop holes.

As a rule, if you are an individual independent contractor watch your P's and Q's and dot your "I's" lol

[Pasiuk57]

I know I will not go over the 200 transaction limit.
Thanks for the help!

[ke7285]

Clearing some shelf space for incoming signed limited's.All pricing is plus shipping, PayPal f/f preferred add 3% otherwise, pm or email for pictures if needed
S/L Blackhouse $350 #289 in shrink from Grant
S/L Wolves of the Calla #1187 $550
S/L Doctor Sleep #62 $625
S/L Borderlands's 5 #95 $225
S/L Under The Dome with aftermarket slipcase, card's in shrink $350
Gift edition It CD $575 sold
Gift edition The Green Mile sub press $225 sold
Gift edition Secretary of Dream's vol 1&2 $250
Gift edition Insomnia Zeising $100
Gift edition Talisman Grant 2 vol. (has previous owner's embossed stamp on fep both vol.) $225
Artist edition Wind Through The Keyhole Grant Jae Remarqued $600

[Cwalker]

SOLD...

This is an extra copy i have and with a line on something ive been looking for, im pricing this to move.
The Shining - CD Gift Ed
$90 plus shipping
PP F/F

SOLD...

[jsmcmullen92]

This is an extra copy i have and with a line on something ive been looking for, im pricing this to move.
The Shining - CD Gift Ed
$90 plus shipping
PP F/F

Great price!