Quote:
Originally Posted by porsche4life
You could have sold it to him for market value then without the contingency and then there wouldn't be a worry over the profit...
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Yes, in hindsight that would have the better/smarter move. I thought I was doing him a favor(cheap fast ride) and me a favor(empty garage-no insurance-no smogging). They offered the $5K, already had a trailer here, and I accepted with the aforementioned contingency. My crystal ball was out of batteries again!
