Quote:
Originally Posted by dgoldenz
Oh we’re talking about morals for titling cars? lol ok. Should people feel the same guilt over taking tax deductions? How immoral!
Not that it matters but I never saved a dime in taxes with an LLC, I just used it to avoid smog testing on a tuned/SC’d e92.
We don’t pay taxes on private party sales here anyway. Maybe out of the goodness of my heart I should write the government a check for all of the private party cars that I saved 8% tax on for the last 12 years, it’s probably saved me around $75k vs buying from dealers. How immoral of me to take advantage of such a loophole!
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Lol. Way to many people thinking this is so horrible to do. If our Congressman and Senators can buy and sell stocks, I vote everyone in the country to take every fucking loophole they can. Fuck taxes!! Just like I buy a new car/ pay the tax. Then it sells 10 more times and everyone pays tax on it!?!! I know my guy hits tons of loopholes for my taxes. With 11 rental properties, I need a tax ninja doing my shit.
