#31
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#32
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The trick is to be rich enough not to care. If a 110K '69 Z is like 100 bucks out of pocket then I'd buy it and enjoy it.
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PeteLeathersac (01-22-2018) |
#33
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Dan
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Follow me on Instagram: https://www.instagram.com/mbcgarage/ |
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seventieshow (01-23-2018) |
#34
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Italian Guy ref is probably JOHN STALUPPI.....self made Multi Millionaire
who owns HONDA and HYANDAI dealerships, etc etc
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Chuck Sharin [email protected] Auburn,WA (30 miles South of Seattle) 70 Camaro R/S Z-28, L-78, R/S SS 69 Camaro COPO "recreation" |
#35
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I like cars more than I like people ..... |
#36
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Numbers Matching 67RS A big wish List. |
#37
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I was in the local Chev dealer, early am, a few months back getting some service on the Tahoe. Who was sitting in the waiting area by himself? John Staluppi. He owns the place and just recently built it. Was gonna chat with him, but he checked the fit of the new front doors, then left in his car. Very straight up, self made guy
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70 L78 Nova Fathom Blue,Bench, 4spd, F41, 3:55 71 Porsche 911 Targa |
#38
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My take is that market is very strong for rare and desirable cars. I do think that resto mods are here to stay and believe that whatever creates more interest in the hobby is a good thing.
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Corvette nut since I was a kid. 67 435s and L88s are my favorites |
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Big Block Bill (01-25-2018) |
#39
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I believe if you sell a car at a loss, you can use the loss against another car sale on which you made a gain (profit) to offset the capital gain and thus the capital gains tax. Same as you would with sales of stocks. So tax would be on the net gain of the 2 sales. But I am not an accountant.
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Jimmy V. |
#40
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That is correct. However if you lose 30K on a sale and do not profit on another you cannot take the 30K as a capital loss. It can only be used against profit
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Ebay Auctions http://www.ebay.com/sch/427-king/m.h...=16&_rdc=1 No Fisher priced toys here |
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