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A similar practice used among ticket resellers is to list an item as an online auction (such as eBay), most commonly an innocuous item such as a collector's card, and give the tickets as a bonus to the winning bidder and so they do not actually sell tickets to circumvent ticket laws.
"Selling concert and sports tickets online for profit is a great way to make extra money, work from home and be your own boss," Brittany Menard, author of "The Ticket Broker Guide," tells ...
The company operates similarly to online marketplaces such as eBay and StubHub. The site takes a commission fee from both the buyer and seller. [3] It originally required sellers to carry out transactions with physical tickets in person at a terminal located inside a sports bar in Las Vegas. This later changed to allow electronic transactions. [4]
The threshold was supposed to be dropped to $600 in 2021 after Congress passed changes to ensure taxes get paid on income from gig work and selling concert tickets or other things online.
If you got paid for selling event tickets in 2024, then that income will have to be reported on your 2024 tax return next year, even if the sales took place in 2023.
Corporate ticket reselling firm Ticketmaster developed a strong online presence, dominating the online market. But, by 2006 Ticketmaster's stranglehold on the industry loosened with the emergence of other online ticket brokering companies, such as StubHub who won Major League Baseball's ticket resale business over Ticketmaster. [1]
SeatGeek is a mobile-focused ticket platform that enables users to buy and sell tickets for live sports, concerts, and theater events. SeatGeek allows both mobile app and desktop users to browse events, view interactive color-coded seatmaps, complete purchases, and receive electronic or print tickets.
Ticketmaster is a long-standing and trusted platform for buying and selling sports tickets. With over 30 years in the business, it offers a wide range of full-price original tickets, as well as ...