Originally Posted by
thinktubes
I do well flipping, but when I factor in the time spent, it's still more cost effective to pick up freelance work in my profession.
Unfortunately I cant pick up free lance work.....but this is in my spare time, time that's not allocated to anything else.
Originally Posted by
Fred Smedley
Only one question, does your tax return reflect those numbers?
Originally Posted by
Fred Smedley
Why , I thought it to be a fair question to a guy posting his income on a public forum.
Fair question. Do the millions upon millions of Americans who sell items at a garage sale report that income? They probably bought the items new with their own money but I think you get the point. Is appreciation on collectibles even considered income? IDK.
But lets treat it as a business, subtract my hourly rate which is equal to my day job and my profit is almost zero.
This isn't what this thread is about so lets make this the last post concerning the topic.