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Showing content with the highest reputation on 12/20/2017 in Posts
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Just checked SAH and SW BrickHeadz are now giving the 100 VIP bonus!!! 5 of each plus free London Bus. They are nearly free after flipping the bus.9 points
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I spent Thanksgiving break teaching my son the fundamentals of proper packaging. We negotiated 50 cents a package and extra 2 min on iPad after he's done his homework.6 points
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I got this.. well .. actually not today but on Saturday, but it took some time to make pictures: http://vault.wmce.cz/171219_renault_creator/template.html6 points
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It appears to be back! Just got 4! https://www.ebay.com/itm/253313374093?ul_noapp=true4 points
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So this is how Lampert plans to make a comeback for KMart/Sears, genius ...3 points
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Can’t believe it worked. 5 Finns, 5 Phasmas, free mini London bus, 1079 vip points. $86.29 including tax, free shipping. Take away about $12 after fees and whatnot selling the Bus on eBay, $54ish in points, and you’re looking at about $2 per Brickheadz. Good news to the next 5 friends of my kids having a birthday party....You’re getting a pair of Star Wars Brickheadz!3 points
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Took about a day with my MicroFighters order from last week (from the moment of getting the shipped notice until the points showed on my account)2 points
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Your cart should show how many points you'll earn. The order confirmation will show an inaccurate amount. The shipment confirmation will show the correct amount of points and they'll load when your order ships.2 points
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Jungle Tree - $54 - 7 left https://www.amazon.com/gp/product/B01AW1R0OU/ref=ox_sc_sfl_title_1?ie=UTF8&psc=1&smid=ATVPDKIKX0DER2 points
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Going to dump mine on Craigslist/OfferUp I think. $25 per tree, maybe break even on the purchase cost after haggling. Even if I have to sell them for $10 each, I'm basically up $80+2 points
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It makes sense. They are being legally attacked all the time saying they are a tax heaven for people. I'm sure they'd like to stop having to deal with people accusing them of it. ^^^ As a re-seller this is the dumbest feature. I wish i had infinite technic fire planes, Amazon please.2 points
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Correct. It's all 'bout that basis, 'bout that basis. Regarding the treatment as a collectibles versus business inventory, collectibles get a federal long-term capital gain rate cap of 28%. If your marginal tax bracket is above that, then you would benefit from treating it as a collectible. If below that, then there is no difference. State laws on capital gains vary. For California, for example, all capital gains and loses are taxed at your maginal rate so it doesn't matter. You wouldn't pay self-employment tax on your collectible gains, but if you are considering using the 28% bracket versus your higher marginal tax bracket, then you've likely already hit your cap for the social security portion. Also, if your income is high enough, Obama care has a 3.8% tax present waiting for you on your collectible gains. So, it's likely a wash. So, certainly you could treat LEGO investing as collectibles. I know from my situation that I would benefit very little -- if any -- so it's easier just to treat the whole thing as business income. Definitely a YMMV I'm also not sure how the expenses work out for collectibles. I.e. suppose 100% of your sales are considered long-term capital gains on collectibles. I understand you can deduct sales expenses, shipping, fees, etc... But can you then expense utilities, gas mileage, etc... since these would have to amortized across all items unless you can say you drove 15 miles to TRU specifically for that set? Which reminded me -- don't forget you get to deduct for that mileage driving to all those stores. In my spreadsheet, I have a purchase date and store for every set. So, I sort them by date and store and then use google maps to tell me the distance between stores (you memorize them after awhile). From there, you can figure out how many miles you drove that day. I can't remember the expense ratio for mileage, but it is a decent expense to claim. Shipping expenses are pretty nebulous when it comes to packaging. You can figure out the cost of a box, the cost of a packing peanut, the cost of a foot of tape, or the cost of a square foot of bubble wrap or that adhesive label. There are a couple ways you can handle these costs. Either expense them at the time of purchase or amortize them per shipment. I preferred the latter because I package everything in advance -- sometimes the sets sit in a box for years. Since I was starting off slow, I didn't want to have a big shipping expense from buying lots and lots of different shipping boxes in different sizes with very little sales to offset them (IRS red flag). So, I studied the shipments costs and the shipping supplies cost and came up with a factor (25% for me) that I multiply my shipping costs against. So, if I ship a package for $10, I'll put $10 in my shipping expenses for the year and $2.50 in my shipping supply expenses. I checked it again this year and it is holding up fairly well. If I was to continue this business for another ten years now that I've got a fairly decent of sets going out each year and shipping supplies being bought to replace used supplies fairly regularly, I'd likely switch to expense the supplies when they were bought. Purchases with gift cards are another tricky accounting bit. You *should* adjust your cost basis by any discount from the gift card used. If you are only holding the gift card for a short time, you could expense the gift cards and then add then leave out the purchase price from the part of the purchase from a gift card. For example, you buy a set for $50 and use a $40 gift card that you paid $35 for. You expense $35 as a business expense and adjust your cost basis for the set to be $10. If you are buying and selling in different years, you might be better off not expensing the card and just reporting a cost basis of $45 when you sell the set. As a business expense, the math is a wash. Back to the collectibles, it would come out differently since the capital gains would be off of $10 versus $45 -- assuming those rates are different than your business expense rate. You *should* also adjust for store rewards and credit card rewards. I.e. you made an effective 8% in TRU rewards by using your TRU mastercard to purchase the item. Then, when you get that $20 reward and use it to buy diapers, you *should* adjust your cost basis by -8%. People who get into this is as a side business don't realize how messy the taxes can actually become. And, honestly, it's one of the reasons I'm scaling back my operations after this year. When you spend as much time accounting for and filing taxes as you do shipping items, then you realize how little you are making for your effort. I did understand what I was getting into because I had done some other ebay businesses before LEGO, but I expected the gains to make it worthwhile for years to come...1 point
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well yes and no.. if the customer doesn't return it , then yes you will be reimbursed but most likely since it arrived late, the buyer doesn't want it anymore and will return it . then it all depends what state it comes back in ( customer damaged , sellable , etc.. ) no problem. if I get a refund , then I would like it to be an INR1 point
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The shipping status email is generated when a label is created. I think the points aren't triggered until the set is scanned and picked up by the carrier. ETA: got the shipping confirmation email. So far not banned.1 point
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It has been available for less recently (e.g., from TRU or LEGO Shop at Home with the cashback promos), though I doubt something similar will appear again before this retires. You might also wish to look on eBay for any auctions, as they often end at around £180 - £190. If this set does get cleared at 50% off I'm getting in on that action. Already got one for £140, but the box is ruined (knew when I bought it).1 point
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I run a few accounts on there. Interesting resource, helpful for clearance hunting and kmart deals.1 point
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what is in 2026? it is about 20 percent higher for oversize items and that is a big 1 year jump. In addition they are changing the way they calculate dimensional weight and that is i believe a additional 20 percent higher in the weight Also their rate of increase of growing.they started with small changes and they are accelerating their rate of increase.In a few years it wouldn't shock me if they were closer to double what they are now. Any decent size seller will be paying amazon thousands more per year in fulfillment costs and that comes straight out of your bottom line. I think at this time with this increase it would probably be cheaper to self ship most oversize items depending on the distance but then you have to deal with the hassle. they are also going to be raising storage fees I suspect a huge jump. They dont want products sitting in their warehouses they just want what will sell quick This should serve to remind you that amazon is not your business partner they are here to make money off of you if there ever becomes a time that they dont see any profit from you they can just send you packing1 point
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AFAIK, only avail at some Legoland parks. I would expect another promo again, based on recent history of promos. Okay, recent history of London Bus.1 point
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https://rover.ebay.com/rover/0/0/0?mpre=https%3A%2F%2Fwww.ebay.com%2Fulk%2Fitm%2F2533133740931 point
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Well, sir, I'll see your 4 @ 9.99 in Italy, also get into Ex's Mini Time Machine™ and raise you 6 @ 7.00 - cashback in Germany!1 point
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The confusing part is that TFA tried too hard to please fans and TLJ in turn spits in their face. There is a middle ground that hopefully can be made out of Ep. 9. The problem is that the next film completely rests on the shoulders of Rey and Ren. Their story by the end of TLJ isn't all that interesting. It's basically been told in two films. Honestly, what is there to look forward to in Ep. 9? Killing off R2-D2? It wouldn't surprise me.1 point
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I'm still conflicted which movie should take the grand Golden Raspberry Award as a worst picture of 2017. Ghostbusters was screened in 2016 so my frontrunners this year are The Last Jedi, Emoji Movie and perhaps 50 Shades Darker.1 point
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This may be the first time I have almost 100% agreed with you. The longer I think about it the less I like it. Not to say there weren’t decent parts, but as a whole it just sucked.1 point
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Not saying they will be gold, but if anyone is sitting on, let's say a 30 to 40% buy-in discount, they will make good money in 12 to 24 months. I think the 'King of Turds' crown is better suited to another theme.1 point
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This theme has almost been universally bashed. Perhaps I've had too much festive vino but I think it will do well over the next 24 months. The ebay sold prices are hovering around RRP for some sets (even slightly above), and there are not many sellers on Amazon. If Lego produced/retired the theme 5 years earlier it would be gold. For many the game will be an iconic and pioneer of tablet gaming. Oh, and remember there's a 10 year anniversary/sequel film coming in 2019. Now, where's that vino...1 point
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Hello again! Our Brickpicker price for a pre-order shipping late January will be as follows: Box = $208 Set $76 FREE domestic shipping (+ $25 for box and $10 for set on international shipping). Please DM your PayPal email address for invoice if you are interested in this offer. Happy holidays and happy building!1 point
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I hope you bought it. I've made 250% return or better on almost every 2001 HP set I've had the pleasure to flip. Best earner of this venture by far. Edit: If you're not in a rush to flip it, I'd say price high with OBO. Many people will pay the premium asking price outright, but if you price high you'll at least get your target margins with almost a guarantee.1 point
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Mods can change thread title to 'LEGO is nearing its end these 3 signs reveal'1 point