Re: Capital Gains on muscle car (state of PA)
The short vs. long term break is indeed 1 year, keep in mind that if you keep the car exactly 1 year that is still considered 'short' - so sell the day after you've owned it a year!
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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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