The Music Room


With all the talk about PayPal and the IRS, I'm considering other ways to sell my unused gear. I've been thinking about The Music Room. I have the system I want and have no need for trade ins. Has anyone else sold items to The Music Room? How was your experience? Did they give you a decent price for your gear (I understand they need to make a profit too). I just don't want any complications come tax season next year...

mewsickbuff

Showing 1 response by jpconer

Re the IRS, PayPal and/or selling your gear - remember - you will only have to pax tax if there is a gain on the sale which is now another reason to have kept your receipts for purchase.

Since most gear is sold at a loss fm when we purchased, it's really no big deal and you can always argue that you bought new at retail if you don't have the receipts