Flip Smart. Keep the Bag. Build the Business.
The Reseller's Money Moves Playbook — the tax & business side of reselling the platforms and the IRS never explain. From your first flip to a six-figure operation.
Sneakers · Apparel · Electronics · Liquidation · Any flip, any platform
You've made your first few hundred dollars, a 1099-K showed up (or you're scared one will), and you have no idea what you're supposed to do next. Start here.
Reselling is real income now — a thousand a month or more — but it's still running through your personal Venmo and your "system" is your memory. Turn the hustle into a business.
This is your only income, the volume is real, and a single bad April could end you. You need structure, quarterly discipline, and clean books — not vibes.
You're past $100K and the difference between keeping it and bleeding it is now entity choice, S-corp math, sales-tax nexus, and audit-proof records. The advanced moves are aimed at you.
An illustration of how reselling actually gets taxed — and where the playbook plugs the leak.
| Total resale sales (the number you brag about) | $90,000 |
| Cost of what you actually sold (COGS) — deductible | $52,000 |
| Business expenses (fees, shipping, mileage, software) — deductible | $8,500 |
| What the IRS actually taxes (your profit) | $29,500 |
Track your COGS and expenses and you're taxed on $29,500 — not $90,000. Skip it, and the IRS can tax the whole top line. On a ~30% effective rate, that gap is real money you keep. Illustration only — your numbers will differ; not tax advice.
Not generic money advice. Reseller-specific strategy — every chapter ends with an action checklist.
Why the wrong label means the IRS taxes your income but blocks every write-off.
EIN, LLC, business banking, resale certificate / sales-tax permit — the foundation most resellers skip.
Marketplaces, liquidation, authorized accounts, and how to vet any vendor so you never get robbed.
How every electronic dollar gets tracked & reported. The rules nobody breaks down for you.
$20K + 200, and why you owe with or without the form.
Schedule C, the 15.3% SE tax, and the three taxes on every flip.
Get taxed on profit, not sales — the single move that saves resellers the most.
The full write-off stack: fees, shipping, mileage, software, home office, and more.
Know what you bought, what you sold, and what you still have — the foundation of your return.
Why a business account protects you — and how it becomes the start of real business credit.
The 2026 due dates and the 30%-from-dollar-one system that kills the IRS penalty.
The permanent deduction most resellers don't know they qualify for.
How volume and how you operate decide your tax rate.
Your ideal setup by income level, and when the S-corp election starts saving real money.
Unfiled returns, CP2000 notices, payment plans, penalty relief — and how to fix it without a "tax-relief" scam.
The three levels and the exact moves at each one.
Turning the business that makes the money into the portfolio that keeps it.
| CPA / Advisor ($200–$500/hr) |
The Playbook $20 once |
|
|---|---|---|
| Built specifically for reselling income | Rarely | Yes ✓ |
| The 1099-K truth, explained plainly | If you ask | Chapter 4 ✓ |
| COGS & the full reseller write-off stack | Not typically | Ch 6–7 ✓ |
| LLC vs S-corp by income level | $400+ consult | Chapter 13 ✓ |
| What to do if you're behind with the IRS | Hourly | Chapter 14 ✓ |
| Legit sourcing + how not to get robbed | No | Chapter 3 ✓ |
| Available at 11pm before a deadline | No | Always ✓ |
| Cost | $200–$500/hr | $20 |
| The Reseller's Money Moves Playbook — 16 chapters + bonus | ★ |
| The Reseller Deduction Checklist | incl. |
| 2026 Quarterly Tax Calendar | incl. |
| Inventory Tracker + Vendor-Vetting Checklist | incl. |
| One missed deduction costs more than this | $20 |
Flip Smart. Keep the Bag. Build the Business.
Andrae spent the first part of his career working with business owners — helping scale companies and operating shoulder-to-shoulder with the CPAs, tax strategists, and attorneys who serve entrepreneurs. He also built and ran his own construction company, so he learned the entity, tax, and cash-flow side of business the way most resellers do: as the owner, with real money on the line.
He writes the authority lane — 1099-Ks, Schedule C, COGS, S-corp math, sales tax, and the IRS notices nobody warns you about — in plain language you can actually use.
Alexa runs the behavior lane — the systems, money habits, and discipline that turn a hustle into a real business that lasts. The strategy is only as good as whether you'll still be running it six months from now. That's her job.
Meet Both Founders →Stop handing the IRS money you don't owe. The playbook costs less than the fees on a single flip — and it pays for itself the first time you run one move.
Get the Playbook — $20 →