[US] Target.com: 79010 Goblin King Battle for $45.00

ecmo47

Target is makin' it hard for the reseller!

LegoFanTexas

No kidding... that is a screaming deal...

Amazon matched it a few hours ago, but quickly sold out...

I've bought a few from Target, to lower my existing cost basis on that item, but I still have too many purchased for $70 to really compete with that price point.

The fact that 5 hours later they still have it in stock, does not bode well for that set.

I'm sure a few people bought a lot more than I did, kinda scary. :)

ecmo47

Ive got a few but there's been a stack of 10 at one of my Walmart's for $69.00 that's been there for several months.

CircleK

^ Yeah that was an awesome deal but on a very unpopular set. I've never completely understood all the hate, but I think it mainly had to do with it's price point. If it would hit the shelves at 79.99 I don't think it would have fared so poorly.

Regardless, it was an excellent buy and wish now I would have waited when I picked some up a couple of weeks ago. I guess I will just have to live with my 48% off ;)

111ins

At $45, I got three for the RRP of one set up here in Canada! Luckily I only have two others in the inventory that were had for a great price from Amazon.uk a while ago.

Observer

Good set, must dollar cost average at this point and ride this one into the ground. Dwarves might redeem it's long term value.

madforLEGO

I think all the resellers with dollars dancing in their heads cleared out the set at Amazon due to the tax difference.

LegoFanTexas

madforLEGO said:

I think all the resellers with dollars dancing in their heads cleared out the set at Amazon due to the tax difference.

Why would there be a tax difference?

starwarfan77

target charges taxes on all orders in all states since it has physical stores and hence required by law. Amazon does not charge tax to orders in most of states... i.e. it only charges taxes to customers in few states (i.e. CA is one of the states where it charges taxes}.

LegoFanTexas said:

madforLEGO said:

I think all the resellers with dollars dancing in their heads cleared out the set at Amazon due to the tax difference.

Why would there be a tax difference?

gmpirate

starwarfan77 said:

target charges taxes on all orders in all states since it has physical stores and hence required by law. Amazon does not charge tax to orders in most of states... i.e. it only charges taxes to customers in few states (i.e. CA is one of the states where it charges taxes}.

LegoFanTexas said:

madforLEGO said:

I think all the resellers with dollars dancing in their heads cleared out the set at Amazon due to the tax difference.

Why would there be a tax difference?

Which still begs the question: Why would there be a tax difference to resellers?

answer: It doesn't. Resellers either don't pay sales tax or recoup it.

It may, however, make a difference to "hobbyists".

LegoFanTexas

^ That is what I meant...

It is worth pointing out that hobbyists are breaking the law by buying with the intent to resell and not having a sales and use tax ID number.

Paying sales tax when you buy something at retail with the intent to resell it does not relieve you of the obligation to collect sales tax when you resell it.

(Note: this does not apply to casual resale of personal consumption items that you no longer want to keep, this is when buying purely for the intent to resell for a profit)

You may, however, subtract the tax paid when you file your taxes, depending on your state.

Will each state come after most hobbyists? No, not worth the time or trouble. But it is still illegal. If you end up doing enough business to have a 1099K filed on you by PayPal or Amazon, don't be surprised if your state dept of revenue asks why you don't have a sales tax ID.

If you're below that number, then it is highly unlikely to be worth the state's time to enforce the law.

BTHodgeman

@LegoFanTexas and @gmpirate - Do you guys know if it's possible to get tax exempt on Target.com? (I'm not terribly worried because, like you said, I deduct the tax at year-end, but it would certainly be more convenient if it were never charged...)

I have my state tax exempt form for in-store purchases, but I don't know if it is possible online...

Brent

cloaked7

LegoFanTexas said:

If you end up doing enough business to have a 1099K filed on you by PayPal or Amazon, don't be surprised if your state dept of revenue asks why you don't have a sales tax ID.

How much business is 'enough business'?

Also, Amazon is going to start charging sales tax in TN next year. It was a big to-do in TN. Amazon worked out an agreement years ago with the governor at the time. (Different governor now.) If Amazon built a distribution center in TN would they be exempt from collecting sales tax? Amazon in TN meant jobs, so the governor agreed. As was stated, a business with a physical retail presence in a state must collect sales tax, but Amazon got their exception, because they did go ahead and build the distribution center and didn't collect sales tax for years. All of that changed a couple of years ago when local businesses petitioned the state. It was decided that Amazon would be required to collect sales tax. It was ruled that the earlier agreement with the governor wasn't binding. That happened in 2012, I think, but kicks in on 1-1-2014. I see this same thing playing out in other states as Amazon builds more and more distribution centers. (Hey, I typed all of that without any line breaks!)

binaryeye

cloaked7 said:

How much business is 'enough business'?

Based on a couple sources found in a quick search, it seems the threshold for a 1099K is $20,000 and 200 transactions (not one or the other but both).

cloaked7

^ Thanks

I confirmed it here...
https://cms.paypal.com/us/cgi-bin/?cmd=_render-content&content_ID=marketing_us/IRS6050W

LegoFanTexas

BTHodgeman said:

@LegoFanTexas and @gmpirate - Do you guys know if it's possible to get tax exempt on Target.com? (I'm not terribly worried because, like you said, I deduct the tax at year-end, but it would certainly be more convenient if it were never charged...)

Yes, you just contact Target customer service, they have a form for you to fill out and fax in, then all set.

Amazon and Walmart do the same thing.

LegoFanTexas

cloaked7 said:

How much business is 'enough business'?

(Hey, I typed all of that without any line breaks!)

The other post is correct, $20K in gross payments received plus 200 transactions.

Frankly, if you're doing 200 sales a year with a value over $20K, you should be paying taxes. Below that, and like I said, not worth the government's time to care.

Yes, you typed that without line breaks, and it is way too hard to read. Maybe I use more than my fair share, but I also can't read long paragraphs either.

Now get off my lawn! :)

cloaked7

^ Did you know that the carriage return/line break/enter key on most keyboards only has a life of about 10K clicks? You're gonna wear yours out. Then, where will ya be? On the side of the road with your thumb out! :-)

I work in I.T. and we used to prank people's keyboards. For instance, you may find your enter key missing from your keyboard. Or, find that a few keys switched places. That would often drive people crazy. :-)

On the software side you can really be mean. You can have the software application do certain things when certain keys are clicked, or when the cursor is over a certain area. For instance, you can have the application substitute an 'a' or a 's' when typed, etc.

TheLoneTensor

Maybe he recently stocked up on line breaks in a recent BOGO offer. Perhaps if Lego made line breaks exclusive, there won't be a problem moving forward.

FenrisAkashi

cloaked7 said:

^ Did you know that the carriage return/line break/enter key on most keyboards only has a life of about 10K clicks? You're gonna wear yours out. Then, where will ya be? On the side of the road with your thumb out! :-)

I also work in IT..and I play MMOs...I'm very curious where you got this 10k clicks from haha...I haven't purchased a new keyboard in almost 10 years :P

Pretty sure its over the 100k click mark.

Also find it hilarious how the line breaks thing has become a forum "item".

LegoFanTexas

^ I'm sure he was just trying to be funny... I replace my keyboards when the surface of the keys starts to wear off, about once every 2-3 years... The space bar tends to get a soft spot in the middle and the main letter keys start to show wear on the plastic.

But then I use cheap Dell keyboards, better keyboards would perhaps last longer, these are $10 each, give or take, so they are throw-away items.

cloaked7

LegoFanTexas said:

^ I'm sure he was just trying to be funny...

Trying? :-)

Gotta

work

on

my

humor!

ecmo47

Looks like the 79010 is OTS but if you hurry make can take advantage of the that great deal on #6869 for only $98.99!

piratemania7

Everyone.

Calm.

Down.

There.

Is.

A.

Brick.

For.

Everyone.

Haha sorry, I had too. I won't do it again.