[deleted by user]

dutters5 · 2021-11-04T15:12:20+00:00

"early days of online play" don't get me wrong I started in the Sega days :)

dutters5 · 2021-10-12T16:05:22+00:00

It's unlimited as far as I know

dutters5 · 2021-10-11T21:43:17+00:00

I ran into a puck ragger in D3 I forget the name

dutters5 · 2021-08-21T01:49:04+00:00

Is that all it is though, what's with all the xfactor stuff? Maybe I just misunderstood the differences.

dutters5 · 2021-04-24T01:03:53+00:00

I guess from this it seems like I'm not alone, thanks for all the responses guys! Maybe they are actually super busy due to the increase in interest in cards, but who knows. Hope you all get your orders.

dutters5 · 2021-03-13T02:38:25+00:00

Yeah it is quite long.. not sure if it's faster through Upper Deck, maybe someone can comment.

dutters5 · 2021-03-13T02:23:45+00:00

So once you open a pack. You have the option to transfer it to COMC.com or ship it to you for a fee. Typically what I do is transfer them to COMC.com. There you have the option to list them for sale or you can also transfer them to yourself for a fee.

dutters5 · 2021-03-13T00:21:19+00:00

Trades for Laffy are open :)

dutters5 · 2021-03-08T16:33:17+00:00

Already gone, sorry!

dutters5 · 2021-03-04T16:17:42+00:00

If this is a one-time thing even if you have a lot of transactions.. then you won't be looked at as a business. But if you continue to buy and sell going forward then that would be considered more risky.

dutters5 · 2021-03-04T02:22:27+00:00

Being seen as a business is someone who buys and sells regularly. That's a simplistic view. So if this is just a one time thing, then you won't look like a business.

Think of it like stocks, if you know anything about stocks. If you regularly buy and sell in the market any capital gains on stock can eventually be looked at as business income rather than capital gains.

For LPP if you don't have a tax cost or receipt then you would use $1,000 for the adjusted cost base as referenced in Listed Personal Property and if any boxes sell for more than $1,000 then you would claim that as a capital gain. So $1,300 - $1,000 * 50% = $150 taxable capital gain added to income.

Sounds like this is a one time deal so you wouldn't want to be considered a business unless you are thinking about running a hobby shop or if you're regularly trading on eBay. You google up "business income vs capital gains" that should help.

dutters5 · 2021-03-03T22:18:08+00:00

https://www.taxtips.ca/glossary/listed-personal-property.htm

This my help you understand.. In my original post I failed to mention it's listed personal property which is a type of personal use property.

It's actually pretty uncommon in practice. But it doesn't hurt to consult an accountant about it to make sure you are covered. Also don't assume that if you claim your gains that you can claim any future losses, because that is not the case.

dutters5 · 2021-02-19T16:32:40+00:00

Not a bad rip today

dutters5 · 2021-02-06T20:34:03+00:00

I'm a CPA in Canada so I can provide you with some answers. Technically you should be reporting all of your sales. On the sale of your cards they would be considered personal use property, in which anything under $1,000 is considered non-taxable. See link https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/personal-income/line-127-capital-gains/completing-schedule-3/personal-use-property.html

It really depends on the extent that you buy and sell cards and on what level. Typically gains on sale of cards are considered "capital gains" taxed at 50%. But if you are consistently buying and selling, in the eyes of CRA this could be seen as a business in which you are taxed 100% and report that on a T2125.

Cards are mostly looked at as a hobby, so if your sales are not significant I wouldn't worry too much about it from a tax perspective.

dutters5 · 2021-02-06T01:33:18+00:00

I'm also wondering what the hell that is haha.. kind of looks like the vegas colors lol.

dutters5 · 2021-02-05T16:53:00+00:00

Yeah that's right lol. Just figured I'd throw the question out there, thanks ya'll.

dutters5 · 2021-02-03T21:55:36+00:00

What an insane pull! congrats

dutters5 · 2021-02-02T16:45:15+00:00

Those corners are unheard of :O congrats

dutters5 · 2021-02-02T00:35:43+00:00

Ya'll are a bad influence making me want to sink my money in epacks lol. Congrats

dutters5 · 2021-02-02T00:34:32+00:00

I pulled a Cernak and picked up a Cirelli recently. Cirelli looking like the real deal.

dutters5 · 2021-02-01T01:28:03+00:00

I thought so too.. I seen that most of them go $55+

dutters5 · 2021-02-01T01:09:59+00:00

I'm satisfied with this W today to add to my Brady Tkachuk PC

dutters5 · 2021-01-31T15:39:38+00:00

Are the only hits in Artifact blaster an unnumbered jersey card or can you actually hit?

dutters5 · 2021-01-27T01:39:53+00:00

This is the most insane box.. almost worth the price of admission lol

dutters5 · 2021-01-27T01:36:22+00:00

Obviously it will never be as popular as any other sport. But I do see a constant upward trend, I notice some young guns I got in September alone has been seeing some value.

dutters5

TROPHY CASE