Max Selling limit on personal collection before start declaring tax

[land1435]

Hello all, tried to ask this question sometimes back but could not get a concrete answer so posting again with more details.

Say, if I make $7000-$10000 per year (as per ebay selling summary) and almost most of those items are used DVDs/Blurays collections. When do you exactly report to CRA to show as income? I am still not clear on how it works as some people say if those are personal collections, no need to show as income. But question is, how do you prove/show to CRA it is personal or actually practically even with personal items, we are making money/profit. So how exactly it works? Or any max limit before you start declaring as income to CRA? 

[femmefan1946]

The amount you mention is high enough that it would be worthwhile paying a tax accountant to explain the situation in YOUR PROVINCE since there are provincial taxes too.

Free advice is worth every penny you pay for it.

[teenytrinkets]

As far as I know, there isn't a limit when selling off your personal items. But always good to ask an accountant.

[jules7970]

did you get a reply from an accountant? i sell stuff from my personal collection but 2020 was an unusual year - i exceeded the $30k threshold.

[byto253]

If something in your person collection have appreciated by 250% is that not still taxable income?