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<p>[QUOTE=&quot;coin0709, post: 1544916, member: 37995&quot;]I&#039;ve been selling coins (and a few antiques) for friends, family, and co-workers for about a year now. About $10K in total sales. I charge 10-15% of what they would take-home (after all Ebay,Paypal, shipping fees are subtracted). This ensures that I keep costs low for them. Yes, it hurts my take-home, but I consider this just &#039;fun-money&#039; to help fund my coin collecting &#039;problem&#039;.&nbsp; I am hoping the IRS does not catch me.&nbsp; To be safe though, I am keeping detailed records to the penny just in case I get hit (receipts, copies of checks paid to owners, receipts of my own purchases).&nbsp; I&#039;m $450 in the hole so far, so my new &#039;business&#039; is not doing too well.&nbsp; Any friendly advice?[/QUOTE]</p><p><br /></p>

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