2021 NIKE SB DUNK THREAD_____GRs and QSs added

[D_eezus]

Absolutely zero chance that I’m giving my SSN to StockX.

This!!!! this have breaches every week and my brother was hacked and they used $600

they buggin

 

[metroidprototype]

Pretty sure Ebay made everyone that was selling give them their social in order to be paid out. Can't remember but I think others have not done it but they'll just say give us the social or you don't get paid. I hate everything at this point.

nope, you just have to link a bank account

 

[Raji Lowenthal]

What is everyone’s thoughts on this?

Yall gave SX and GOAT your ssn?

 

[vegetaray123]

Yall gave SX and GOAT your ssn?

Hell. No.

 

[Raji Lowenthal]

Hell. No.

I'm saying how they gonna send a valid 1099 without it?

 

[kilroythedon]

PayPal, pay out.

 

[DonRafa]

I'm saying how they gonna send a valid 1099 without it?

that’s what i’m sayin. forcing sellers to provide socials is gonna cost them a lot of customers

 

[blackfrankwhite]

I'm saying how they gonna send a valid 1099 without it?

Because if the seller is trying to get a payout, it would be through PayPal or his Bank account. Both of which already have your SSN and would send a 1099.

Amazing watching that video of some kid complaining about having to pay taxes as a reseller. The level of entitlement in these kids is astounding. Not only they do feel entitled to take advantage of sneaker culture for personal financial gain, but they think they shouldn’t have to pay taxes on those gains either? Wow.

 

[Raji Lowenthal]

Because if the seller is trying to get a payout, it would be through PayPal or his Bank account. Both of which already have your SSN and would send a 1099.

Amazing watching that video of some kid complaining about having to pay taxes as a reseller. The level of entitlement in these kids is astounding. Not only they do feel entitled to take advantage of sneaker culture for personal financial, but they think they shouldn’t have to pay taxes on those gains either? Wow.

I've had PP so long I dont remember if I gave them my SSN. I did start applying for PP credit once and never finished because they wanted my ssn.. That 1099 would automatically make the crib a home office then right

 

[verse001]

Eryone got a YouTube channel now saying the same **** like they breaking news.
Why can’t they just make good vids like verse001

haha thank you fam

 

[p0tat0 5alad]

Wasted Youths in my size (14):
EBay - 1 pair currently at $405
GOAT - 1 pair at $990
StockX - multiple pairs starting at $2400

I hope they all get taxed

 

[nuclear1990]

I mean taxes were paid on initial purchase. Imo you shouldn't have to pay taxes on reselling. A platform user fee okay fine. But taxes to the government? **** no they already got their cut the first time.

 

[dachosen1]

10PM EST

NIKE SB DUNK LOW PRO "WASTED YOUTH"- ONLINE RAFFLE

NIKE SB DUNK LOW PRO "WASTED YOUTH"- ONLINE RAFFLE

undefeated.com

 

[206to813]

that’s what i’m sayin. forcing sellers to provide socials is gonna cost them a lot of customers

Like others have said, the customers that aren’t about it are the small time flippers. Those are the ones undercutting left and right to make a $15 profit. If they’re gone, the Heberts and bulk boys of the world will really be able to control the market with the little man out.

 

[verse001]

I mean taxes were paid on initial purchase. Imo you shouldn't have to pay taxes on reselling. A platform user fee okay fine. But taxes to the government? **** no they already got their cut the first time.

The taxes that were paid on first purchase are typically sales tax, versus income tax which is what the IRS views as any income on sales you as a seller made. when the customer buys them off you from whatever platform (eBay, StockX etc) they will pay sales tax again.

Sales tax = paid by buyer at time of purchase
Income tax = paid by seller at tax time

So on a resold sneaker, the government theoretically gets paid multiple times with each sale and income tax on sellers.

 

[michaeln30]

nope, you just have to link a bank account

Basically the same thing

 

[metroidprototype]

Basically the same thing

I’m more comfortable dealing with fraud with my bank than someone having my SSN

 

[perfectchaosrei]

Because if the seller is trying to get a payout, it would be through PayPal or his Bank account. Both of which already have your SSN and would send a 1099.

Amazing watching that video of some kid complaining about having to pay taxes as a reseller. The level of entitlement in these kids is astounding. Not only they do feel entitled to take advantage of sneaker culture for personal financial gain, but they think they shouldn’t have to pay taxes on those gains either? Wow.

who likes paying taxes? i complained when stock x purchases started getting taxed.

 

[turbo95eg6]

When resellers just realized they were supposed to be paying taxes this whole time

 

[metroidprototype]

we need some kinda thot audit moment for the sneaker game. i wanna bankrupt some 13 year old "entrepreneurs" in back taxes

 

[therefill]

we need some kinda thot audit moment for the sneaker game. i wanna bankrupt some 13 year old "entrepreneurs" in back taxes

Nah man, them 13 year old entrepreneurs probably made only like $300-$400 from reselling and think they're rolling in the money

 

[salacious crumb]

 

[Raji Lowenthal]

Like others have said, the customers that aren’t about it are the small time flippers. Those are the ones undercutting left and right to make a $15 profit. If they’re gone, the Heberts and bulk boys of the world will really be able to control the market with the little man out.

Then people will miss the 13 yo undercutting from moms basement when the Herbert's of the world are holding stock and manipulating the highest resale prices

 

[Weirdo]

Thanks for all the birthday wishes, i wore these beauties yesterday.......

 

[vinnuendo]

Thanks for all the birthday wishes, i wore these beauties yesterday.......

Always love to see these, my first SB