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CB 3: Profit-making undertaking or scheme
or “Money earned from planned profit-making activities is considered income”
You could also call this:

“Profit from selling personal items bought to resell is taxable income”

If you buy something with the intention of selling it later, the money you make from selling it is considered income. This rule applies to personal property, which means things you own that aren’t land or buildings. For example, if you buy a rare book or a piece of art thinking you’ll sell it for more money later, the profit you make when you do sell it would be counted as income.

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Next up: CB 5: Business of dealing in personal property

or “Income from selling personal property in your business”
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Part C Income
Income from business or trade-like activities

CB 4Personal property acquired for purpose of disposal

  1. An amount that a person derives from disposing of personal property is income of the person if they acquired the property for the purpose of disposing of it.

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