@tagteam wrote:
@Opus 17
You wrote: "If audited, the IRS might decide the motorcycle was a collectible instead of an investment"
My point was that the motorcycle can be both an investment and a collectible (i.e., merely because it could be considered a collectible does not exclude it from being held as an investment).
Ok, how about,
"If audited, the IRS might decide to treat the motorcycle as a collectible, which you might be able to rebut by showing it was only an investment to you and you sold it instead of holding it in a collection."
