I found a $200 discontinued product for $7 at ‘Amazon liquidation store’ – my side hustle makes me up to $1… – The US Sun

A TIKTOK user has found a cheap discontinued product at a liquidation store – and it could make him a pretty penny.
Tiktok user TidusFlips posted a video showing how he paid just $7 for a Phillips gadget that he said could sell for hundreds.
The influencer uses his platform to show his over 40,000 followers how he makes money flipping products for profit as a side hustle.
In his video, TidusFlips showed himself finding a discontinued Phillips Sonicare AirFloss Ultra at an "Amazon liquidation store".
Amazon sells items as bundles for liquidation if they've been returned and can no longer be listed on its website.
However, Amazon isn't typically affiliated with the liquidation stores.
The items, while still usable, are sold at set prices and in "as is" conditions.
The Phillips flosser the Tiktoker found has been replaced by Philips Sonicare AirFloss Pro/Ultra since it was discontinued.
In TidusFlips' post, he found the item in a bin where everything was just $7.
Despite that, the influencer said in his video that he has seen the product sell for between $150-$200 on sites like eBay.
The reason the product is selling for such high prices is that it has been discontinued for months.
The average price of the listings for the product shown in the video was $194, meaning TidusFlips can expect around $187 in profit by flipping the product.
In the comments, he said to search for certain keywords on Google to find your own local liquidation store.
These include liquidation, Black Friday, liquidation bin, daily deals and Amazon liquidation.
In another video, the influencer broke down his monthly earnings and expenses.
He noted that this flipping side hustle makes him between $700 and $1,000 per month.
Flipping is a practice in which someone buys something for a low price, and then sells it for more to make a profit.
Flipping is often seen with houses, where someone will buy a property, fixing it up, and then sell it for much more than it cost them to buy and fix.
But in recent years flipping smaller products has also become a way for people to make money on the side.
Going to places like tag sales, thrift stores, or liquidation stores and looking for rare underpriced products has become a popular practice.
It can be a quick way to make money if you can sell them to someone willing to pay a premium for the product.
This can be seen with collectors' items like comic books and trading cards, as well as discontinued products like in the case of TidusFlips' video.
Side hustles have become an increasingly popular way for people to make extra money.
For some people, the hardest part is just coming up with an idea.
Alice Everdeen was able to quit her job when she started making serious money doing voiceover work.
Jared Quackenbush made money with his side hustle of providing videography services to real estate listings.
And for the least squeamish of the bunch, there are companies that are willing to pay for your stool samples.
Taking a second job can help your wallet, but keep in mind that all income must be reported.
Failure to pay can have serious consequences with the Internal Revenue Service (IRS).
The good part is you can deduct expenses from your side gig.
If you freelance on a regular basis, it's a good idea to make quarterly payments on your earnings throughout the year.
If you don't, you could get stuck with a fee for paying too little.
Remember, unpaid tax is defined by the IRS as the total tax required to be shown on your return minus amounts paid through withholding, estimated tax payments, and allowed refundable credits.
Some side hustles can be as simple as cleaning cars and people's properties.
If you're still not sure what side hustle is right for you, check out this story about a man who tried eight different side hustles and what he thought about each one.
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