Barrett Jackson 914-6 |
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Barrett Jackson 914-6 |
altitude411 |
Jan 17 2017, 05:47 PM
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#1
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I drove my 6 into a tree Group: Members Posts: 1,306 Joined: 21-September 14 From: montana Member No.: 17,932 Region Association: Rocky Mountains |
Does anyone know the lot # for the 914-6's at the BJ auction in Scottsdale? TIA
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GeorgeRud |
Jan 24 2017, 03:39 PM
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#2
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Advanced Member Group: Members Posts: 3,725 Joined: 27-July 05 From: Chicagoland Member No.: 4,482 Region Association: Upper MidWest |
If the fellow kept all his parts and labor receipts, I bet he's have a loss deduction he could take if he were in the business. It does bring up an interesting point however regarding taxation on used car sales. Though traditionally the sale of a used car is for less than it's original value, how is it handled in an appreciating asset? Long term capital gain? Where are these sales reported to the IRS?
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