Quote:
Originally Posted by timchar
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
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this is a big issue for me right now. I have been trying to figure out the way people are "actually" handling this issue of capital gains. I know people are quick to say if you buy low and sell high...you gotta pay. I just not sure many truly practice what they preach?