Originally Posted by
eesakiwi
"But I brought this CRT tv in 1992 for $1499 and last week I scrapped it and sold the copper in it for $6.
That's a $1493 LOSS!"
Other option.. take your silver overseas and sell it there. How would that work out?
I dunno much about taxs.
Sorry that does not work. The IRS says anything that was bought for self use is not something you can add as a company or self working pay so because it was used in your house for home use it can't be counted as a taxable item. On top of that the IRS says if you want to get tax credit you have to have accounting on the items use (from truck to a hand tool) and each year the item value is less due to it getting older, after it hits it "max term" in short...you can no longer have it as a company costs. So.....doing something like that is begging for a audit...an they will be in your **** like flys to poop.
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