LogFAQs > #964964545

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TopicSelling on Ebay just got more complicated...
s0nicfan
05/11/22 7:12:20 PM
#18:


SHRlKE posted...
If I buy something and sell it at a loss is that tax deductible?

Not if you're doing it as a hobby, but yes if you have a business. You also dont owe taxes on that sale anyway, though, since it's a loss, so it's a moot point.

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