Goodbye Old Van
On Feb 6, 9:03*am, "Tom Littleton" wrote:
The Fabulous Fishing Van, which some of you here have had the extreme
misfortune of traveling Pennsylvania's backroads in, no longer resides in my
driveway. In contrast to its predecessor, the Fishing Car, which literally
burst into flames to end its days of service, the van is still alive and
(sort of) well. Nephew, who is ever short of resources, needed a vehicle, so
I sold the van to him for a buck. Given its condition, that would
approximate its Blue Book valuation. Now, I have to start a search for
another dilapidated vehicle with which to bang around Penn's valley in.
* * * * * * * * * * * * * * * * * * * * * * * * * Tom
Be careful....as far as I know, you'll have to report the sales price
on your taxes as the Kelley Blue Book value rather than the actual
sales price. And reclaim all your depreciation costs.
You know, just in case you ever get tapped for a cabinet position....
--riverman
|