Official Air Jordan 1 Retro High Thread Vol: Best Model/Thread

[Deleted member 72674]

Talking about buying, not selling.

Gotcha. Well I have had one cancellation and one super scuffed pair come from StockX. I don’t buy a ton. However they took the bad pair back and gave me a $20 coupon. They are greedy but they get the job done quick and easy. I only mess with authentic kicks and buy from stores, etc. One time recently I sold the ashy grape 5s new but the very corners started to yellow a little. They denied at first and then reviewed and went through. They released in 2013. So I have to give credit to them for that too. Now with this sale going as smooth as it has. I would trust them with probably anything up to like $11k in the mail. After that and I’m making arrangements to fly out there, hand deliver, and get a payout.

 

[vinnuendo]

I finally copped a pair of union 1s. Dropped about 5k but that's light work. They just got to the authentication center I'll post pics when they get here.

 

[slaughterx]

I wish I would spend 5k on a damn pair of made in China synthetic leather sneakers. Any pair of shoes for that matter... but if youre ballin.

 

[Deleted member 72674]

I finally copped a pair of union 1s. Dropped about 5k but that's light work. They just got to the authentication center I'll post pics when they get here.

I wish this was real…

 

[rbk93]

Damn they really go for that much in sizes beyond 11.

Doing y'all dirty.

 

[rbk93]

Big bro just turned 35 today. Spent it at work, but guessing he had a good one.
He did come home from work today and said do you think you could find me some more kicks? I'm guessing he must have received a ton of compliments on those Royal Toes when he took his Christmas vacation lol.

Again, I have a hard time telling people to pay resale, but he said he's willing to pay the price. Just have to find him a pair at a respectable price.

He is the main reason I got into sneakers as well as my older cousin, so it's cool he's still interested in it, especially knowing how hard it is to get pairs at retail.

 

[slaughterx]

Just teach him how to get new releases for retail or move on to the next one. Dont create a resale mark.

 

[rbk93]

I reccommended Court Purple 13s, Obsidian 13, and Bordeuax 6s...all I seen sitting in malls. Passed on all 3.

Showed him Marina Blues and he likes them, but also a pass since it's still a blue AJ1.

We'll see but I believe he will cop something.

 

[Deleted member 72674]

Need those 13s.

 

[turbo95eg6]

Don't bite the hand that feeds.

Can’t hush the IRS, not even February and already a 1099-K headed your way

 

[jordansallday]

Had to pick this up at an Access Point. 15 minutes later and multiple I can’t find it at a place that sells cell phones, piñatas, and big women lingerie. I’m just glad it wasn’t “missing” or stolen.

 

[Deleted member 72674]

Can’t hush the IRS, not even February and already a 1099-K headed your way

You’d be surprised.

 

[vinotwofour]

Can’t hush the IRS, not even February and already a 1099-K headed your way

the threshold has been bumped back up to $10k from $600. So unless he doesn't sell anything $4k worth within the year, he'll be below that threshold. Nobody gonna come audit him for that lol

 

[Shoestradamus]

the threshold has been bumped back up to $10k from $600. So unless he doesn't sell anything $4k worth within the year, he'll be below that threshold. Nobody gonna come audit him for that lol

This is news to me. Appreciate the info broseph; thought that $600 figure was still in play. Cheers.

Edit: I’ve been searching for this change online but came up empty. Still seeing the $600 limit for the 1099.

 

[heelsandeers]

https://www.irs.gov/pub/irs-pdf/i1099k.pdf

New Form 1099 Reporting Coming in 2022

Reporting rules are changing for certain businesses beginning in 2022. Debbie Pflieger of EY’s Financial Services Organization, highlights what you need to know about Form 1099-K, Payment Card and Third-Party Network Transactions.

news.bloombergtax.com

Nah it's $600

 

[lilbrad407]

Nah it's $600

Based on that article it’s talking about tax year 2022 which wouldn’t be filed until 2023 unless I can’t read right this am.

 

[rbk93]

the threshold has been bumped back up to $10k from $600. So unless he doesn't sell anything $4k worth within the year, he'll be below that threshold. Nobody gonna come audit him for that lol

Has it really? If so, thank god lol.

 

[heelsandeers]

Based on that article it’s talking about tax year 2022 which wouldn’t be filed until 2023 unless I can’t read right this am.

Yes that's right

 

[slaughterx]

Umm, what year is it now? Lol.

If he sold them last year then he is straight, I made sure I unloaded like 4 or 5 pairs I didnt want by the end of last year, but anything you sell this year over $600... be prepared the break off Sam next year.

 

[PremioBinSoleFlyUnion]

 

[206to813]

Based on that article it’s talking about tax year 2022 which wouldn’t be filed until 2023 unless I can’t read right this am.

Umm, what year is it now? Lol.

If he sold them last year then he is straight, I made sure I unloaded like 4 or 5 pairs I didnt want by the end of last year, but anything you sell this year over $600... be prepared the break off Sam next year.

What Slaughter said…

Your return is filed in ‘23 but anything you’re selling now goes towards the $600 threshold for ‘22. Unless it was really moved to $10K? I’d like to see the source

 

[truenike81]

That's a good come up on that union 1 sale but whoever bought that smoke big crak

 

[crumps brother]

Payout Sent! Let's goooooo!!!!!

one year from now...

"1099 Sent! Let's goooooo!!!!!"

Is that Uncle Phil on the right side?

 

[turbo95eg6]

You’d be surprised.

Be surprised about not filing taxes? What do you mean? If you don’t file that 1099-K they have up to 6 years to audit you…

I wouldn’t suggest whatever you’re planning to do

 

[staffsgtdignam]

Payout Sent! Let's goooooo!!!!!

You’re a brave soul, I’ve heard horror stories about StockX/UPS ‘losing’ expensive sneakers or, perhaps even worse, legit sneakers not being authenticated and them then pulling a fast one on you and sending back fakes.

Glad it worked out for you though lol