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If you're accepting money from someone in exchange for a good (in this case, housing), you are a business.



An interesting definition. One that I'm glad doesn't apply to the random junk I sell on eBay and Craigslist.


In fact it does! The IRS just doesn't bother to go after you for it, because it's not worth the effort.


No, the IRS doesn't bother to go after me for it because generally, those items are being sold at a loss.




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