selling my personal collection - No profit really | Selling

oceanfreak20 · 2024-04-10T14:19:22.420000Z

sorry if this is a duplicate question.Long story short - i am selling in ebay just to want to get rid of my personal collection (pre-owned) mainly movies with an exception of very very few new items. Honestly, its like say I buy all those for $5k, i make $2k (as an example) as i feel selling in ebay is little better than local marketplace.So, my assumption is that for tax filing, they don't care really how much i bought those items (of course most of them are online purchases with invoice/receipts) but i need to pay tax for additional income of $2k. Is that right? Or, if i can show my invoices, can i show as total loss?

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selling my personal collection - No profit really | Selling | eBay Canada EN