RickP
Established 1960, Still Not Dead
Since the IRS announced the new goofy 1099-K for personal instrument sales has been postponed another year, and additionally that 2024’s threshold will be $5000, I decided I better get on with downsizing like I said I would. Several microphones and pedals sold, another incredible Bock Audio condenser up now. And… a moment I thought I’d not see, one of my Brazilian 513s is also listed. As a recurring back issue is pushing me to lighter guitars for those 3-4 hour gigs, I’m going to significantly narrow my solidbody guitar group. The hollowbody guitars (two HB Spruces and a 594 HB II) are going to do the heavy lifting, pardon the pun, from here on.
Now that the flood gates have cracked open a little, I’ll likely list a few tube amps as well. I really wish there was a For Sale forum here, but will honor the rules and not post specifics.
Now, the question is what to reinvest the funds towards once the battle funds accumulate. Anyone head, or is heading, down this path? What did you decide to do with the funds once you downsized to whatever your comfortable level was?
IRS info, if interested: https://www.irs.gov/newsroom/irs-an...d-of-5000-for-2024-to-phase-in-implementation
Now that the flood gates have cracked open a little, I’ll likely list a few tube amps as well. I really wish there was a For Sale forum here, but will honor the rules and not post specifics.
Now, the question is what to reinvest the funds towards once the battle funds accumulate. Anyone head, or is heading, down this path? What did you decide to do with the funds once you downsized to whatever your comfortable level was?
IRS info, if interested: https://www.irs.gov/newsroom/irs-an...d-of-5000-for-2024-to-phase-in-implementation