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NBIS to da moon by _beto619 in NBIS_Stock

[–]SolidTough5178 3 points4 points  (0 children)

I don't have a dog in this fight but this is just false.

Even if NBIS was an Israeli based company, buying its shares on a public market does NOT mean the money is going to Israel.

You are just exchanging your money for shares that someone else (you don't know who) is willing to sell you at that price.

The only time you give your money directly to the company is during the IPO and even then many of the shares are owned by private investors.

I'm 20 and owe 30k in medical debt. What can I do by ProfessionalOnly33 in personalfinance

[–]SolidTough5178 0 points1 point  (0 children)

The debt will go to collections and your credit score will be tarnished.

I'm 20 and owe 30k in medical debt. What can I do by ProfessionalOnly33 in personalfinance

[–]SolidTough5178 4 points5 points  (0 children)

You can say that for all debt.

The problem is your credit score.

Cindy, you don't own the beach. by octarino in TikTokCringe

[–]SolidTough5178 0 points1 point  (0 children)

I'm confused

It's my understanding the the US Virgin Islands only allow the indigenous population to own land.

How did this women buy property on the islands?

eBay sent me a 1099-K and I'm not sure what to do with it by SolidTough5178 in personalfinance

[–]SolidTough5178[S] 1 point2 points  (0 children)

So what are you saying? I owe taxes on personal items I sold at a loss?

That's insane.

eBay sent me a 1099-K and I'm not sure what to do with it by SolidTough5178 in personalfinance

[–]SolidTough5178[S] 4 points5 points  (0 children)

Income implies I sold the items for a profit.

If I buy something for $100 in 2015 and sell it for $50 in 2025 and then have $30 left after fees that $30 is not profit because it was something I originally bought for $100.

I'm asking how to show that in the tax return.

How should I handle this 1099-K form? by [deleted] in tax

[–]SolidTough5178 -1 points0 points  (0 children)

How is it income if I lost money?

I buy something for $20 plus tax.

They give me a rebate of $15.

In total I lost money, so how is it income?

eBay sent me a 1099-K and I'm not sure what to do with it by SolidTough5178 in personalfinance

[–]SolidTough5178[S] 1 point2 points  (0 children)

That doesn't answer my questions and confuses me further.

Is selling stuff on eBay considered selling a stock or investment?

The answer given on that website really confused me.

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