Posted 11/7/2025 06:23 (#11426351 - in reply to #11426345) Subject: RE: Our retirement equipment auction
Boone & Crockett - 11/7/2025 06:19
sheffield77 - 11/7/2025 04:43
Boone & Crockett - 11/6/2025 20:20
sheffield77 - 11/6/2025 18:53
I wonder if this guy is going to get reamed by capital gains
Be zero capital gains. Recapture is all ordinary income. .
Even worse!
Yes it is. Kudos to him for doing more than his fair share to help balance the budget. He didn’t have to do that.
LOL! I wonder why all the late model equipment with low hours when retirement was on the horizon. If this dude wrote off all those purchases at the time he bought them, the tax bill will be huge.