Capital Gains on muscle car (state of PA)

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Capital Gains on muscle car (state of PA)

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#11

03-20-2008, 08:00 AM

427king 427king is offline

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Re: Capital Gains on muscle car (state of PA)

[ QUOTE ]
Many, many vehicles these days sell in the $30K - $50K range so it hardly raises an eyebrow. Who's going to ask how long they've owned the car or how much they have invested in it?

[/ QUOTE ] Im pretty sure the IRS is very concerned about unreported 50K transactions,as well as the 100K ones .

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