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 Marketplace / Brick Shops / 1085 (-20)
  BrickLink Set Inventories will be Auto-Posted to the lugnet.db.inv Newsgroup
 
Dear All, First I would like to say thanks to the LUGNET owners for creating a new newsgroup here on LUGNET for BrickLink announcements. I'm happy to announce cooperation with LUGNET regarding Set inventories. All newly submitted set inventories to (...) (22 years ago, 11-Apr-03, to lugnet.announce.bricklink, lugnet.inv, lugnet.db.inv, lugnet.general, lugnet.market.brickshops) !! 
 
  All parts and instructions at 50% off at Wiggenhorn's Wares!
 
I've marked my rather modest inventory of parts and instructions at 50% off. Additionally, I have repriced all sets to be the lowest in their respective conditions (new/used) among USA sellers. No minimum order. I ship to USA only. My BrickLink shop (...) (22 years ago, 10-Apr-03, to lugnet.market.brickshops)
 
  Re: Brickshops and Taxes???
 
(...) I would suggest business income, using the Schedule 'C'. You also need to use schedule 'SE', which is for social security tax. You enter the net profit (or loss) from your schedule 'C' on the schedule 'SE'. The really tricky part comes when (...) (22 years ago, 9-Apr-03, to lugnet.market.brickshops)
 
  Re: Brickshops and Taxes???
 
(...) I'm not sure if this is applicable, but in my tax software, I am prompted for "hobby income" which can apparently be written off up to the level at which you invested in said hobby. So for example, if LEGO is your hobby and you spent $1,000 on (...) (22 years ago, 9-Apr-03, to lugnet.market.brickshops)
 
  Re: Brickshops and Taxes???
 
(...) I use Schedule C to calculate and report profit and (loss). If you use something like TurboTax, you'll also be led to stuff like calculating depreciation on items that are used in your business, as appropriate. This is not qualified tax advice (...) (22 years ago, 9-Apr-03, to lugnet.market.brickshops)
 
  Re: Brickshops and Taxes???
 
(...) Sure, I mean I can write off all kinds of stuff. But what does money earned from something like this qualify as? Capital gains? Wages and tips? Other income on Schedule SE? I guess, I'd like to hear how other people are handling this. If you (...) (22 years ago, 9-Apr-03, to lugnet.market.brickshops)
 
  Re: Brickshops and Taxes???
 
they key word there is "profits" and that does not mean that if you buy something for $1 and sell it for $2, you made $1 in profit....the rules of accounting allow you to deduct a lot of stuff if you are running a business....such as the gas to (...) (22 years ago, 9-Apr-03, to lugnet.market.brickshops)
 
  Re: Brickshops and Taxes???
 
I'm no tax expert, so take my advice with a grain of salt, but I believe Lego profits are taxable as capital gains if you don't treat your brickshop as a business (and I called the IRS to confirm this when I had the exact same question a few years (...) (22 years ago, 9-Apr-03, to lugnet.market.brickshops)
 
  Re: Brickshops and Taxes???
 
(...) Are you treating your Lego sales like a business? You would do that on Schedule C, listing all your expenses and revenues. Otherwise, it's non-taxable money, just as the profit from a garage sale would be. In other words, don't tell Uncle Sam. (...) (22 years ago, 9-Apr-03, to lugnet.market.brickshops)
 
  Brickshops and Taxes???
 
So I've been working on my taxes to Uncle Sam at the last minute and I'm a bit puzzled on what to do with Bricklink and Ebay profits. How is everyone fililng these funds? As what? Under what category? I am completely lost but I'd like to do this (...) (22 years ago, 8-Apr-03, to lugnet.market.brickshops)
 
  Insectoid theme sale this week 10% off at Lasting Toys on BrickLink
 
The second in our theme based weekly sales. Have fun with your LEGO! (URL) (22 years ago, 7-Apr-03, to lugnet.market.brickshops)
 
  'Spring Cleaning' Sale...
 
Hi. I have had recent success in sales in my shop, and have done pretty well overall. Not everything in my shop has sold, and there are a couple of items that I would like to be gone. Clearance Sets are: 6713 Grip N Go Challenge, was selling at my (...) (22 years ago, 6-Apr-03, to lugnet.market.brickshops)
 
  1x1s for a penny! Other parts added soon
 
I have been trying to shrink my collection in preparation for a move. Almost 30,000 1x1s tend to take up a lot of space ;-) I have added 1x1s of various colors in bulk lots of 1000 at $.01/pc. Watch my store over the next week or 2, I will be adding (...) (22 years ago, 6-Apr-03, to lugnet.market.buy-sell-trade, lugnet.market.brickshops)
 
  Yet More Train Stuff / Sopwith Camels
 
Hello Train Afficionados! I've just added the following from set #4534 to my inventory: * Blue passenger wagons ($25 each, 2 in stock) - each of these has 14 of the 2 x 3 train windows in blue (with glass!). * Black steam locomotive w/tender kit (...) (22 years ago, 5-Apr-03, to lugnet.market.buy-sell-trade, lugnet.market.brickshops)
 
  “Space Madness” Sale! at my Bricklink store
 
Until further notice, all space sets are 15% off in my shop, Bob's Sets for Sale: (URL) free to window shop! (or is that browser shop?) Thanks for looking! - Bob (22 years ago, 4-Apr-03, to lugnet.market.brickshops, lugnet.market.buy-sell-trade)
 
  Peeron Associated Stores
 
Announcing the Peeron Associated Stores. Registered users to Peeron can now have links from Peeron to their Bricklink store. We think this could work to level the playing field, as even the smallest store can get very good exposure to thousands of (...) (22 years ago, 3-Apr-03, to lugnet.announce.peeron, lugnet.market.brickshops, lugnet.market.services) !! 
 
  E-mail change @ Troy's Surplus Lego
 
I am changing hosting companies for my tcphoto.net domain, and as a result my e-mail in that domain may not be reliable for a short period of time. This affects my troy@tcphoto.net and my legosales@tcphoto.net addresses. The new, and stable, address (...) (22 years ago, 1-Apr-03, to lugnet.market.buy-sell-trade, lugnet.market.brickshops)
 
  41 Copies of 6990 available in my store (all are MISB)
 
41 copies of <set:6990> Monorail Transport System in my shop. All are MISB and I am asking $41.2003 for each set. (URL) Bob ;-) (22 years ago, 1-Apr-03, to lugnet.market.brickshops)
 
  Re: Blow out sale. Limited time only!!!
 
(...) Thanks to the success of this sale, i have extended the deadline until friday evening. So you still have some time to get your wanted items. Regards, Stijn. (22 years ago, 1-Apr-03, to lugnet.market.brickshops)
 
  BliZZard SALE: 20% off parts & minifigs
 
73,000 parts and 800 minifigs Okay, the Blizzard that dumped 3 feet of snow on my car last week is over and the snow has melted...time for a sale. My prices have been reset and reduced 20%...some great deals to be had. Pending orders should be (...) (22 years ago, 31-Mar-03, to lugnet.market.brickshops)


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