PayPal Friends & Family listings. Why is this becoming so common?

I think most sellers now realize they are not going to have a taxable profit.

The F&F listings at market price don't seem to sell.

It seems like buyers demand around a 20% discount to take on the added risk of F&F.

I'm really just curious to hear what buyers & sellers think of this practice.

seanheis110-25-2024 4:38am

lak Details Discussions Posts This discussion Message User 4,626 posts 10-26-2024 at 12:19pm Copy Comment URL Report Comment Edit Delete +1 freediver
cleeds Details Discussions Posts This discussion Message User 5,947 posts 10-26-2024 at 01:41pm Copy Comment URL Report Comment Edit Delete lalitk I am curious, all those opposing F&F option, would you be willing to pay PayPal fee? Probably, although the preference for F&F would be a red flag for me. But I may not be typical because I don't often buy used equipment.
firstonetallguy Details Discussions Posts This discussion Message User 87 posts 10-26-2024 at 02:01pm Copy Comment URL Report Comment Edit Delete Due to the amount of internet thievery, I will never purchase any item under the F&F option. I see F&F and I immediately mistrust the transaction and/or the dealer.
ibmjunkman Details Discussions Posts This discussion Message User 244 posts 10-26-2024 at 02:12pm Copy Comment URL Report Comment Edit Delete I use F&F with sellers that I have had 1 or 2 successful regular transactions. As for selling and the 1099 the obvious problem is proving what you paid for the item. New stuff I might have a receipt but who keeps that stuff beyond the normal non-business record keeping requirements? I keep 7 years just in case the IRS tries to claim fraud in my return. No records of what I bought on eBay beyond what eBay allows me to see.
Post removed Oct 26, 2024