Questions · Selling and flipping
Do I have to pay tax on things I sell on Marketplace or Kijiji in Canada?
Short answer
Selling your own used things for less than you paid is not taxable. Buying things to resell for profit is business income, taxable from the first dollar, and the CRA does look at online marketplaces.
Your own stuff: personal-use property
Your couch, bike or old phone sold at a loss: nothing to report. Personal-use property has a $1,000 floor on both the cost and the sale price, so an item sold for under $1,000 cannot produce a taxable gain.
Flipping is a business
If you buy to resell, do it repeatedly and aim for profit, the CRA treats it as business income: report the net (sales minus cost and fees) on your return and keep receipts. Once sales pass $30,000 in any four consecutive quarters you must register for HST.
Keep it simple
A spreadsheet with date, item, cost, sale price and fees is enough for most flippers. General information, not tax advice; an accountant can confirm your situation.
Sources
Reviewed by Christian, Newfound Value, EastBid Inc. · Updated 2026-09-21 · General information, not legal, tax or financial advice.
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