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

I like TMR and have purchased new gear from them but the prices they give you for your gear seem really low. I will sell privately first, and they would be a last resort for me.

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TMR is a very safe and reliable company to deal with. Much easier and less risky than buying or selling direct with end users. Transacting with a local user usually helps make things easier and more cost effective, but TMR is a good go to in cases where you want the other guy to do all the work and you are willing to pay a reasonable fee for that service.

I use TMR all the time both buying and selling. While one could loosely argue you might make a bit more selling on Agon or USAM, when you consider ALL the hassle is taken on by TMR in a sale, it becomes much more with the consignment fees they charge. Selling these days is a PITA. Between PayPal’s new policies both effecting sellers and buyers, shipping issues, dishonest people etc. it make the whole selling game not very much fun. I’ve been VERY fortunate that I’ve never had any significant issues as a seller with other members, minor shipping issues and PayPal’s new hold your money policies I’ve had good success. Having said that, for bigger items, they always go through TMR now. Highly recommend 

@passfan70 

All you have to do is find the original cost to you and give that receipt to your tax preparer. As long as it is more than your proceeds from the sale it is not considered income. But also most likelt not a deduction for the loss either. Thats why they call it a hobby.