MPiling
Returning Member

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Hi, quick question on this.

 

I got a golf cart from the Miami Dolphins about 11-12 years ago. It was their old medical golf cart, decked out in Dolphins colors and Dolphins logo. They were getting ready to load it into a large dumpster, and I hauled it home and restored it. I got the golf cart for free, then gave it to my parents in The Villages. Years later, my dad didn't want it in his garage anymore, and I sold it on eBay. Since I paid nothing, and... I have absolutely no idea what the Dolphins paid for it. I sold it on eBay for I think ~$3,000... can't remember exactly but I can look it up if need be. Does this need to be claimed on my 2020 taxes?

 

 

Thanks!!!