Official Sneaker Reselling Thread- NO BUYING/SELLING

[joseph8764]

Anyone with advice on when it's the best time to sell pairs that you've held for 1+ years?

whenever you think the market value has peaked. Other than that you’re pretty much wasting time holding the shoes.

What do you have?

 

[Raji Lowenthal]

Anyone with advice on when it's the best time to sell pairs that you've held for 1+ years?

Depends on the shoe. I personally try not to hold stuff long. Ct purple GS size just getting back to what I sold other pairs for on RD.

 

[joseph8764]

Some shoes go up, some go down, and some just stay the same. I wouldn’t be holding anything unless the hype was insane or you legitimately don’t need the money. But I would recommend buying releases, selling pairs, and using that money to buy the next release and so on and so forth

 

[peep the kicks]

Thoughts on buying multiples of unc to chi? Price is 40 over retail.

 

[ady2glude707]

Thoughts on buying multiples of unc to chi? Price is 40 over retail.

Theyll rise like most 1s. I think these were over looked and not as hyped because of all the other releases that happened ASW. Much better than the similar Fearless 1s IMO.

 

[joseph8764]

It’s a risk buying UNC to chi 1s. Price is low right now you can find pairs for $200-220 in good sizes but I mean you don’t know if they’ll go up. A lot of AJ1s have been at the same price for a while. China isn’t really buying shoes too much right now so you could buy pairs but you risk holding these for months or more just to see a small return on your investment.

 

[ady2glude707]

Any predictions for the upcoming OW 4s when comparing resale value with Kaws and TS 4s?

 

[Raji Lowenthal]

Thread dig but I got questions anybody pay taxes on reselling yet? 1099s become mandatory in a couple years 2022? maybe. Will I be able to use the spare room in the crib as a home office as a tax deduction? Mileage and gas from running around? If I go to DC to pick up a raffle win and then have dinner at moms that's still a buisness trip right want to make sure my finesse game is tight.

 

[619destroyer858]

Air jordan 1 Turbo Green, forgot to post here.

wth,,no wonder why i didnt get a pair or would never get a pair because of your shoegreed goodluck selling them and make profit for your house or your kids college funds

 

[619destroyer858]

It’s a risk buying UNC to chi 1s. Price is low right now you can find pairs for $200-220 in good sizes but I mean you don’t know if they’ll go up. A lot of AJ1s have been at the same price for a while. China isn’t really buying shoes too much right now so you could buy pairs but you risk holding these for months or more just to see a small return on your investment.

invest your change money on something else,,no return on shoes that will re-retro in few years

 

[ady2glude707]

Thread dig but I got questions anybody pay taxes on reselling yet? 1099s become mandatory in a couple years 2022? maybe. Will I be able to use the spare room in the crib as a home office as a tax deduction? Mileage and gas from running around? If I go to DC to pick up a raffle win and then have dinner at moms that's still a buisness trip right want to make sure my finesse game is tight.

Anyone know what percentage you'll be taxed? I'm rrading it's about 30% of profit?
IDK if I should sell my shoes now, before 2022 when this law takes effect.