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Old 05-10-2016, 07:58 AM
MikeGarcia MikeGarcia is offline
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Join Date: May 2009
Posts: 1,815
Default Internal Revenue Service Situation-----??

[QUOTE=BBB;1537130]That's what I'm going with. I bought for ~1k in 1995 and it's now worth ~7k. Guess it makes up the ground from what I spent on a bunch of 80s/90s stuff that went nowhere and I sold for pennies long ago



Does anyone know what effect the long-term-gain of 6k is , in this particular situation.....assuming he is not "a business" , just your normal collector , and has no remaining proof whatsoever of the long term losses for the "80s/90s stuff".......... ?? This happens to a lot of us , I'm sure , and I've seen many conflicting answers and responses .....

Thanks for your replies and answers..

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