Posted by LAA on April 04, 2012 at 07:44:57 from (86.51.147.113):
In Reply to: Re: Cash sale posted by Tom-NorthCenTX on April 04, 2012 at 06:39:34:
I have plenty of respect for the man -- did you not read that I have known him for 40 years? Who said I kept asking him for what he did not want to give? Where did you learn reading comprehension? I did not argue with his terms of sale, I did not buy because of the chance, hopefully slim, that I am audited in which case I want to be able to prove a deduction. My whole point was that I have never heard of anyone who sells a piece of personal equipment being liable for income tax on the sale. Same as if you sold your lawn mower or pick up truck.
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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