Reverb (which is like ebay specifically for musical items) has been sending sellers a 1099 for the past year.
As mentioned, it's for profits. So you buy some gear for $2000 and sell for $1500, you shouldn't end up paying anything.
Again it's kind of sticky if like me you bought something via CL with cash, and then might want to re-sell it. I didn't think to get a receipt--those sales are all as-is, and final, so normally what good would a receipt be... Thankfully I freaking HATE selling stuff and try my best not to do it. Facebook Marketplace--like Craigslist-- is full of scammers, lowballers and just plain weirdos. I state "Lowball offers will be ignored" and immediately get a 1-word reply with a very low-ball offer in it...like WTF dude.
As mentioned, it's for profits. So you buy some gear for $2000 and sell for $1500, you shouldn't end up paying anything.
Again it's kind of sticky if like me you bought something via CL with cash, and then might want to re-sell it. I didn't think to get a receipt--those sales are all as-is, and final, so normally what good would a receipt be... Thankfully I freaking HATE selling stuff and try my best not to do it. Facebook Marketplace--like Craigslist-- is full of scammers, lowballers and just plain weirdos. I state "Lowball offers will be ignored" and immediately get a 1-word reply with a very low-ball offer in it...like WTF dude.