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Thread: Racing & Taxes

  1. #1

    Racing & Taxes

    Our latest news letter, "racing & tax time", dated 3/20/12, has US tax info on capitalizing a racer that was sold at a loss. You have a second chance to deduct those losses the year of sale and there after. See the link:

    Bob Szabo, author of racing books about mechanical fuel injection & related topics, and an on-line FI calculator

  2. Racing Junk

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