Posted by BarnyardEngineering on May 07, 2018 at 08:06:05 from (173.186.244.244):
In Reply to: Selling a Tractor posted by Jiles on May 07, 2018 at 05:24:41:
Yeah, I can't imagine there'd be much tax if any involved. The tractor didn't APPRECIATE in value, did it? He should be able to report it as a capital loss.
Some people are not comfortable with large amounts of cash around.
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