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

[Neil Barnett]

From: <jcoward5452 at aol.com>

Sent: Monday, February 26, 2007 12:39 PM


>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

Only if you were running a business in '67, bought the radio as
an asset for resale, and are still operating the business today.
Long time to have stock sitting on inventory though.

73 de Neil ZL1ANM