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Updated over 9 years ago on . Most recent reply

Dean Klein's profile image
Dean Klein's profile image
Dean Klein
  • from Monroe, Wisconsin
  • Member since Apr 26, 2015
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31
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Dean Klein's profile image
Dean Klein's profile image
Dean Klein
  • from Monroe, Wisconsin
  • Member since Apr 26, 2015
Connect
Dean Klein
  • Monroe, WI
7
Votes |
31
Posts
Tax, SDIRAs & Cost Segregation

Trading a classic car for rental property

Dean Klein
  • Monroe, WI
Posted

I am considering putting my 1969 Charger up for trade on the right multi property in my area, I paid 25k for this car a few months ago and now the value has doubled, it's a General Lee, what, if any, taxes would I have to pay if I did a straight trade on a property?

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