Re: [Chrysler300] Selling a 300

[Pat Grant <grant4405@xxxxxxxxx>]

assuming you made a true profit on selling any car, you would not be a patriotic american if you  voluntarily reported the gain as there are no 1099s or paper trails involved. pat grant(retired accountant and tax preparer) LOL


From: Terry Mctaggart <terrymct999@xxxxxxxxx>
To: Listserver Chrysler Club <chrysler300@xxxxxxxxxxxxxxx> 
Sent: Monday, April 22, 2013 9:57 AM
Subject: [Chrysler300] Selling a 300

  
Looking at the asking and sales prices of 300s, some of our cars are beginning to be worth real money.  Does anybody out there have any knowledge / experience on how to handle the tax issues, both federal (capital gains) and local (sales) issues of such an exchange?  Terry McTaggart

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