Selling a more expensive item on eBay – one time deal

Dear community,

 

 

I have been an eBay member since 2008, my feedback is at 100%.

I usually sell items of value around 100USD, but now I came across an technical item valued of around 3000USD.

I would like to sell it, but I am wondering what would happen to my Paypal limit, since this item exceeds it, will I be able to lift it or do I need to wait for another year for it to expire? Would I need to pay any local taxes, does Paypal report this kind of sales to tax authorities in my country?

I already contacted Paypal support on this matter but didn’t receive an answer.

 

Best Regards,

Simon

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