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timchar timchar is offline
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Join Date: Oct 2011
Location: nor cal
Posts: 1,948
Garage
Quote:
Originally Posted by blackbird225 View Post
Count D,

I also have a Zündapp KS 750. Another labor of love.

One thing that concerns me is: say I sell it for $60k or whatever. Will that check that arrives in the bank be reported as income to the IRS? I mean, I've already been taxed to death by the IRS all along as i slowly increased its value. They will no doubt want 'their cut'
I'm sure you have "tons" of money in restoring this beautiful car. Also what you purchased car for. Check with accountant, you should be ok. Tim
Old 12-29-2015, 08:03 PM
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