ryshermsinc
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Yes. Two vehicles sold in 2024.We sold vehicle 1n a LandRover to Carvana. They bought it for what was left on the loan.We brought our second vehicle, a truck, p...
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One thing, my mistake, we didn't owe $2k, we had the title. Please disregard that.The $5k we put into it were to make it capable of hauling. It had a gooseneck ...
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Does that count as a loss?To be clear; purchase price of vehicle #2 was $29.5k, we put $5k into it.We brought it to a dealership who agreed to pay the remaining...
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Thank you, I have more information.We owned both vehicles, both for business.We sold the first one, and it was a wash, we simply had Carvana pick it up and they...
Activity Feed for ryshermsinc
- Posted Re: If I sold my vehicle to a dealership and then used the money to lease a vehicle and purchase a second, how do you report those figures? on Deductions & credits. February 14, 2025 2:03 PM
- Posted Re: If I sold my vehicle to a dealership and then used the money to lease a vehicle and purchase a second, how do you report those figures? on Deductions & credits. February 14, 2025 1:48 PM
- Posted Re: If I sold my vehicle to a dealership and then used the money to lease a vehicle and purchase a second, how do you report those figures? on Deductions & credits. February 14, 2025 1:14 PM
- Cheered Re: If I sold my vehicle to a dealership and then used the money to lease a vehicle and purchase a second, how do you report those figures? for AmeliesUncle. February 14, 2025 1:09 PM
- Posted Re: If I sold my vehicle to a dealership and then used the money to lease a vehicle and purchase a second, how do you report those figures? on Deductions & credits. February 14, 2025 1:08 PM
- Posted If I sold my vehicle to a dealership and then used the money to lease a vehicle and purchase a second, how do you report those figures? on Deductions & credits. February 14, 2025 10:17 AM