As you get older, do you find yourself downsizing, decluttering.

katlupe said:
The lady in the apartment next to me had no family (that I know of) and she left to go to a nursing home. Her apartment has been emptied out. All her possessions were put in the dumpster (and the local homeless and less fortunate descended on that within an hour). Her furniture was donated to a local agency that helps low income people. Sometimes I wish I could burn all my treasured possessions so they don't end up like that. I know they are just things but I still love them.
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Maybe there is some way you can designate what to do with your possessions ahead of time to make sure that doesn't happen.
 
Jan14 said:
The problem I have with that is you have to claim that as income now and pay taxes on it. I believe if it’s over $600. If it’s Facebook or EBay.
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WOW…..I never heard of that before…..that’s TERRIBLE !!!!
We definitely don’t have to do that here, or anywhere in Canada.
 

PamfromTx said:
My stepson has a big surprise coming up as soon as hubby can deliver my decluttering to him. 🤠
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Way to do it, Pam! Waiting for them to come and sort through their stuff and take home what they want never seems to happen.

When my parents moved from the home place to their retirement home in the woods, I had long since taken anything I wanted from my old bedroom. What my mother didn't know is that she tossed in the trash, something from one of her own bottom drawers, that I would have loved to have.

Parents never guess how much snooping their kids do and what they might have thought was great.
 
I did a great deal of downsizing when I moved from my house to retirement home in the woods. Gave most of it to the kids or donated. Now I am working on photos, going through old pictures and separating them into groups depending on who I think would enjoy them most. My nephew was thrilled to receive his. I had pictures of him and his sisters when they were young that he did not know existed.
 
Patricia said:
Maybe there is some way you can designate what to do with your possessions ahead of time to make sure that doesn't happen.
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You can always do that if you have people to give them too. But for me there is no one. My cousins are all in my age bracket. Most everyone I know is getting rid of their stuff. My stuff is all sentimental for me. I use everything though right now.
 
It irritates me when my DD asks me to keep things for her.. then never comes to collect them.

I've not gt the space to keep random stuff, which she says she wants, but then never comes for.

For example I have a Computer monitor which belonged to my husband which she wants , 2 large Lamps, paintings .. several other things..and I keep asking her if she still wants them, and she says yes.. but then says she has no time to come and get them. ..I'm fed up with these things taking up space.. but I can't give her an ultimatum, because she's got her hands full with work, and old dogs to care for who can't be left alone while she comes here...

I offered to take them there but she's having renovations done, and she says she has no space for them yet.. but this has been going on now for a year.. ( the wanting the stuff, not the renovations)
 
katlupe said:
The lady in the apartment next to me had no family (that I know of) and she left to go to a nursing home. Her apartment has been emptied out. All her possessions were put in the dumpster (and the local homeless and less fortunate descended on that within an hour). Her furniture was donated to a local agency that helps low income people. Sometimes I wish I could burn all my treasured possessions so they don't end up like that. I know they are just things but I still love them.
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I hear you on that. I don't have anyone and I have knick knacks and all my cats I've collected since I was young. I'd like my stuff to go to the PAWS thrift if they are still running when I go. I'm sorry your neighbors things were just put in the dumpster but glad it went to someone even if not by the best means.
 
Any type of personal selling is not considered or treated as income here.
As far as eBay thing……totally clued out.
If you register any type of business, no matter what size, from home or not…..you apply for a business #….then you you deal with claimed income, sales tax, GST tax.
I carried a # for several years through home based business.
As far as the farm….of course….business.

Garage, yard sales, selling on Facebook group, there is no type of taxes to deal with.
 
I'm going to try and stay out of the thrift stores for awhile. Or if I go, really edit or consider before I buy. I've done this before. Once the holiday stuff starts rolling out, that will completely go out the window.
 
MickaC said:
Any type of personal selling is not considered or treated as income here.
As far as eBay thing……totally clued out.
If you register any type of business, no matter what size, from home or not…..you apply for a business #….then you you deal with claimed income, sales tax, GST tax.
I carried a # for several years through home based business.
As far as the farm….of course….business.

Garage, yard sales, selling on Facebook group, there is no type of taxes to
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MickaC said:
That’s too bad.
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Regarding Ebay and other Market Place sales. $600 or more in a year will be reported to IRS. Next the state will want to collect sales tax on that. I would say if you don’t have a vendors license that will be the next requirement.
I have owned a thrift store for 14 years. I recently sold the business. Prior to that I sold on line when Ebay was thriving.
 
Downsizing....I was married for twenty years to a disorganized pack rat, the mess was always a source of frustration for me. I kept the house after divorce and then decluttered room by room. This 4th of July weekend I had a family get together and just about every person commented on how sparse my house is now, I think I may have went a bit overboard. I love it this way, everything is open and tidy, so easy to keep neat and clean.
 
Jan14 said:
Regarding Ebay and other Market Place sales. $600 or more in a year will be reported to IRS. Next the state will want to collect sales tax on that. I would say if you don’t have a vendors license that will be the next requirement.
I have owned a thrift store for 14 years. I recently sold the business. Prior to that I sold on line when Ebay was thriving.
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I do understand what you’re saying….but doesn’t apply here for this type of selling.
 
I post this every time "downsizing" is discussed: I visited on of my all time favorite postal patrons after she had a mild stroke at age 105! She gave my some of THE best advice ever. "Ya know David, when I downsized from a five bedroom house to a one bedroom apartment it was SO stressful; what to keep, what to get rid of, what will fit, etc. etc. and THIS is what we all wind up with (and she points): A bed, a TV, a dresser and a chair". This was our mantra when we downsized.
 
I know this sounds odd but anyway…..
My foster daughter now follows my selling posts on selling groups on Facebook.
She will always message me……if you can’t sell it, I’ll take it…..sigh…..I’ve given her so much.
So far everything I’ve posted, have sold.
 
Very quiet selling this week……ohhhhhhh right……I haven’t posted anything, that’s why, no money made this week.🤔🥴😉.
Will get back to it this week…..storage containers are a big job…..washing them all, takes time.
Have 7 outdoor plant/hanger stands to go, need a good cleaning first.

Buyers will start missing me. 😄😁😆.
 
Yes I've gotten rid of a lot of my excess and will be getting rid of more. I already got rid of a lot of books and DVDs and CDs in a yard sale. I have to look over all my clothes. I have a lot that is too small. I don't know if I'll ever lose enough weight to wear them.
 
It fascinates me when I visit peoples homes. The amount of stuff they have is over the top. A lot of the stuff just sits there, not actually useful.
I walk past houses with the garage door open, full of "Stuff" no room for the car.
Personally I have what I need and very little else. Okay a few decorative wall hangings to break up the expanse.
Only a few books, no CD's, 1 DVD - Dune 1984.
I think it best not to have so much stuff that the house is full to overflowing.
 

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