here we go again...

[GrayGhost]

hahahahhahahaa

[53Browns]

Wish I had 10k in the cookie jar, that Guidry would look SWEET in my collection!

[GrayGhost]

Hopefully the first guy will pay his taxes on the gain. Capital gain tax rate for a collectible is 28 pct max, depending on his other income.

[D. Bergin]

Originally Posted by GrayGhost

Hopefully the first guy will pay his taxes on the gain. Capital gain tax rate for a collectible is 28 pct max, depending on his other income.

What if he re-invests the difference in Ricky Jordan Rookies and declares it a business expense?

[Leon]

Originally Posted by D. Bergin

What if he re-invests the difference in Ricky Jordan Rookies and declares it a business expense?

That listing is great. You have to love a collector with a sense of humor.

On the business of re-investing....I am no tax lawyer but the 2nd investment would have to be liquidated to know if there is a gain or a loss on it. Simply buying an investment is not an expense. The expense (loss) comes when you sell for less than you paid. regards

[2dueces]

$12K with the touring seat, windshield and a little chrome update. I'd trailer it to Colorado with the rest of the money and spend a month in the mountains and still have money left over. I'd still rather have my Harley over a 2010 BB card.

[FUBAR]

the card is at 38k+ with 6 days left, crazy if this keeps up, the guy will have a house and a harley!