Luxury auto

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  • JON
    Senior Member
    • Jul 2005
    • 1265

    #1

    Luxury auto

    What is the biggest loss you have ever had on the sale of a business auto-after a couple of trade-ins- always been charged back for personal use. This one I could see coiming, but whaaaaaaaaaaaaaaaa-make me feel better think BIG

    For us in Tax Book Land, Bergerville, 10,000 Lakes and taxes-I am headed to the Twins game tonight... Should I ask some tax questions on multi-stating for Snaggle???
  • JON
    Senior Member
    • Jul 2005
    • 1265

    #2
    OK Twins win...

    The answer to the question- $84,000 loss 1997 Mercedes trades for a 2002 Mercedes sold May of 05 for $30,000.

    What a game Twins get 1 hit and win-homerun in the 8th.

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