Exactly. Using their service without paying for it is, ya know, stealingThey should be doing it.
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Exactly. Using their service without paying for it is, ya know, stealingThey should be doing it.
You weren’t using the reverb bump feature were you? I could see them being miffed about using the bump to get it in front of more eyes then selling it outside of reverb, since they offer that with a percentage of the sale. I tend to try and be mindful of that if I have whatever I’m selling cross posted elsewhere.Reverb has been cracking down on this issue over the past two years. It hasn’t come up often until this thread, which is great for raising awareness. In my case, Reverb permanently shut down my account, even after I explained that my sales were handled locally or outside of Reverb listing..
Not at that timeYou weren’t using the reverb bump feature were you? I could see them being miffed about using the bump to get it in front of more eyes then selling it outside of reverb, since they offer that with a percentage of the sale. I tend to try and be mindful of that if I have whatever I’m selling cross posted elsewhere.
Hi Reverber, |
To keep our marketplace secure, we need you to verify your identity. Please complete the following steps within 30 days of receiving this email so that you can continue selling on Reverb without disruption: |
|
New laws aimed at keeping buyers and sellers safe require marketplaces like Reverb to verify sellers’ identities. Verifying your identity helps protect our entire community and shows buyers that you’re trustworthy. To securely verify your info, Reverb partners with Trulioo—a leading identity verification platform. |
You can learn more about how to verify your seller information in our Help Center. |
Thanks for being part of the Reverb seller community, The Reverb team |
They aren’t preventing exchange of info.It annoys me that they’d offer the option of a local sale (pickup) but still try to prevent the exchange of personal contact information
This is exactly what the law mandated.Just this morning I received the following email from Reverb. It feels like the "know your customer" thing is starting to get too picky.
Hi Reverber, To keep our marketplace secure, we need you to verify your identity. Please complete the following steps within 30 days of receiving this email so that you can continue selling on Reverb without disruption:
- Log in to your Reverb account.
- Go to https://reverb.com/my/selling/identity_verification.
- Follow a few easy steps to verify your identity.
Why do I need to verify my identity?
New laws aimed at keeping buyers and sellers safe require marketplaces like Reverb to verify sellers’ identities. Verifying your identity helps protect our entire community and shows buyers that you’re trustworthy. To securely verify your info, Reverb partners with Trulioo—a leading identity verification platform. You can learn more about how to verify your seller information in our Help Center. Thanks for being part of the Reverb seller community,
The Reverb team
Again, tax on used items is in fact the law. Just because most people choose to over look that when they buy used doesn't change that. You pay tax on used items when you buy them from Guitar Center or a car dealer. This is no differentI simultaneously post on Facebook, reverb, and talkbass. It bugs me that people don't bother to search for the ad on Facebook to save fees.
I don't mind reverbs selling fees. I prefer PayPal goods and services. But I do hate the fact they are charging taxes on the sales to local buyers in my area. It's a used guitar!!!
That’s a retailer though. When selling personal property/items, you should only pay a tax (capital gains) if you made a profit on the item relative to the original price you paid + any cost of maintenance/improvements on the item.Again, tax on used items is in fact the law. Just because most people choose to over look that when they buy used doesn't change that. You pay tax on used items when you buy them from Guitar Center or a car dealer. This is no different
Again, I still hate paying taxes. Facebook marketplace has no taxes.Again, tax on used items is in fact the law. Just because most people choose to over look that when they buy used doesn't change that. You pay tax on used items when you buy them from Guitar Center or a car dealer. This is no different
Yes it does, but since you are buying offline you are choosing not to pay themAgain, I still hate paying taxes. Facebook marketplace has no taxes.
Sales tax is sales tax. Being a retailer or not is irrelevantThat’s a retailer though. When selling personal property/items, you should only pay a tax (capital gains) if you made a profit on the item relative to the original price you paid + any cost of maintenance/improvements on the item.
ETA: For example, if I have a bass I buy for $1200 and I later sell it for $1000, I'm not paying taxes on that since I took a loss. If I buy a bass for $1200, put a $300 set of pickups in (total $1500 invested) and sell the thing for $2000, then I am responsible for CGT on the $500 profit I made.