Re: Capital Gains on muscle car (state of PA)
Did she take into consideration all the expense of storing and maintaining the vehicle for all these years?...i know the minimum for any body shop has to be 25 bucks a day for outside storage...
I believe if you did the calculation, she may have been able to do better by just putting the money in a CD..??? (depending on the car she bought)
I would think you can write off the expenses...but I'm no accountant??? Just my guess...
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