[ARC5] IRS Goes After Ebayers- Hamfest Leverage??

[jcoward5452 at aol.com]

If I inflate the government's cost of my '67 EAC R-390A to today's 
dollars and sell the radio for say $500 do I then get to claim the loss?
Jay

-----Original Message-----
From: neilba at clear.net.nz
To: ARC5 at mailman.qth.net
Sent: Sun, 25 Feb 2007 3:24 PM
Subject: Re: [ARC5] IRS Goes After Ebayers- Hamfest Leverage??

>The IRS has made it clear they are going after Ebay people >who don't 
report the profit on their sales as income. 
>They are pressuring Ebay to release seller information, 
 
Private sales of personal items have never been of interest 
to the Revenue men. But what if they suspected that Ebay 
were under-reporting their income? Methinks the target is 
Ebay themselves. 
 
73 de Neil ZL1ANM 
 
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