Re: Transfer of Large Amounts of Funds?
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That is a good point. I think it should be your right to make as much as you want on the car. It is like why when you go to register a car they want you to pay sales tax again? I mean what a rip off. There is 2 things in life death and taxes and the IRS wants 55% of your money when you die. So my suggestion is dont open up a can of worms and expose yourself when you dont have to.
Sean
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If you don't expose yourself, an IRS audit will.
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Marlin
70 Yenko Nova-350/360, 4speed M21, 4.10 Posi (Daddy's Ride)
69 SS Nova-396/375hp, 4speed M20, 3.55 Posi (Benjamin's Ride)
67 RS Camaro-327/250hp, 2speed Glide, & 3.08 Open (Danny's Ride)
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