Anybody using these peer to peer payment apps to buy gear should probably read this article. Much stricter tax laws are now in place. Anything over $600 will get a 1099 form sent your way. $6000 is the new threshold where it was previously $20K before they'd hit you up for taxes. Probably will stop some people (like me) from buying/selling anywhere except locally where I can get paid in cash. I hate the IRS! I knew a girl in HS that was a real b*tch and don't you know she ended up working for the IRS. I'm sure she'll go far.
Starting January 1, third-party payment services like Venmo, PayPal, Zelle, and Cash App, are required report any transactions over $600 to the IRS.