About ten years ago I had over $12,000.00 worth of toy tractors stolen. I'm reasonably sure I had to pay income tax on the insurance check, but I'm not positive. That was all I had them insured for, and had actualy thought that I had dropped the insurance. My loss was far greater than the insurance amount, so I wonder if I could count that as a loss?
I have seen numerous toy show folks keep track of all sales, don't know if they are honest about it or not. I think they are supposed to pay sales tax though. Unless they have a hidden camera, or a sting operation, it would be pretty hard to enforce.
Alot of flea markets in our area require proof of liability insurance before they can set up. I don't know what the min. is however.
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Today's Featured Article - On the Road with Dave Gohl: Tractor Club Beginnings - by Dave Gohl. I was surprised about a month ago when I got a call from a fellow tractor croonie. His message was interesting and to the point. He's says "Dave, I've been thinking about starting a Two Cylinder club for our area. What do ya think?" It was a loaded question. I said that I would be interested, and was wondering what his next step was. (Although I was talking under my breath, since I thought of this some years ago) My friend, Arlyn Lamb of Lakeville, Minnesota was sincere in his miss
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