Interesting. From a quick read it looks like this is for G&S on PayPal not friends and family but need to confirm. If selling gear G&S may want to keep tabs on price paid so can net any profit/loss on schedule C. I am going to research this more but it seems like the IRS is assuming anyone who is selling is a sole proprietor. Perhaps a Rockslide checkout system may be needed someday if they really crack down unless everyone is keeping tabs. I would hate to see someone sell expensive gear and pay full tax and the extra self-employment tax when they already paid for it.. Not sure how they will view the individual but if self-employed then it could be interesting. I may be off on my understanding but this seems like a huge change and I’m going to dig into it further.