Re: Ebay vs. IRS
It's just getting worse guys ... Uncle Sam wants his share and eventually he'll get it, one way or another.
With eBay getting so large and the amount of money being exhanged and made as a result it's only a matter of time before they figure out a sure fire way to stick it to us.
Same goes with the sale of our beloved muscle cars ... the IRS is watching the classic car sales and auctions with a very close eye. If you are looking to sell a car and are looking to make a major profit on the sale, contact me there are ways that you can legally get around paying the capital gains tax by taking advantage of the IRS 1031 like-kind exchange law.
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