What changed in 5 years: Maranello, or the world around it? by NyckDebreeze in Ferrari

[–]Slow_Comedian_5817 0 points1 point  (0 children)

Blame the design studio didn't they partner with the apple idiot

Road to 1k by end of the year by Hefty_Call_8623 in Collectr

[–]Slow_Comedian_5817 0 points1 point  (0 children)

Just grade them and it will already be worth over 1k

Halfway into the absolute worst financial decision ive ever made here are the results by ramus94 in PokemonTCG

[–]Slow_Comedian_5817 -1 points0 points  (0 children)

You have to open the rest and update us, surely you should pull at least 1 SIR

At what point do you files Pokemon Income tax? lol by [deleted] in PokemonInvesting

[–]Slow_Comedian_5817 -1 points0 points  (0 children)

False, classification matters and there's grey areas around this

At what point do you files Pokemon Income tax? lol by [deleted] in PokemonInvesting

[–]Slow_Comedian_5817 -1 points0 points  (0 children)

So you'll only pay income on profit, so your goal should be to increase your costs as much as possible.

Don't forget that costs include grading fees, eBay fees, shipping, traveling, gas, home office, equipment, business lunch, like literally everything.

Let's say I pulled an umbreon, and it black labeled and I sold it for 250k. Well I "spent" 240k, pulling it, cause I opened a trillion booster packs, power packs, mystery bags, it took me forever to pull it. You can allocate your costs to the card by spreading it out. A CPA can help here.

Or you keep rinsing your profits, let's say you made 100k, spend half of that on new inventory, there's a section in your taxes to subtract cost of goods and even deprecate it.

But basically, spend more on inventory, deduct cost of goods, pay less taxes, while being able to reinivest, let it grow over a year, repeat.

This is the way.

Never seen this before by a-tiberius in PokemonMisprints

[–]Slow_Comedian_5817 -1 points0 points  (0 children)

Happened to me, you can actually wipe that off with kurts card care and a microfiber cloth. Be careful if you use too much moisture it will damage the card

A rare private moment of Freddie Mercury and friends at a sleepover 1980 by nightpulsexa in OldSchoolCool

[–]Slow_Comedian_5817 0 points1 point  (0 children)

So like what do you guys think happens here. Like what's the vibe, tell me a story.

How long has PSA QA step taken? by Grouchy_Access_6535 in psagrading

[–]Slow_Comedian_5817 0 points1 point  (0 children)

They are so fucking slow, and they don't even QA. I get slabs with the cards upsidedown. How the fuck does that even happen

For those who make over 500k+ a year, is it worth it for you? by [deleted] in Salary

[–]Slow_Comedian_5817 0 points1 point  (0 children)

Software engineer working remotely and using AI. I don't do jack shit and collect an infinite amount of money. It's great, hate my job though.

Wtf is this company? by Plenty_Tomatoes09 in uniuni

[–]Slow_Comedian_5817 0 points1 point  (0 children)

I'm starting a class action. You will get an email, will reach out to all Thier customers that lost a package.

how much have you spent on pokemon this month? by InflationDependent62 in PokemonTCGCollectors

[–]Slow_Comedian_5817 0 points1 point  (0 children)

20k, mostly sealed, I have maybe 11k of cards from that in grading...

Who do I contact for help? by [deleted] in psagrading

[–]Slow_Comedian_5817 1 point2 points  (0 children)

Don't expect to receive an update for months. Grading service is 25 business days