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The Chip Board Archive 02

Re: One Question Answered Only!

Hi Paul,
O.K., I will make one additional comment. The law says "if you can't prove basis, your basis is zero (0)." In other words, if you can't prove what you paid for something, the law says it is -0- for computuing your gain. Let's say you have a chip you put on ebay. It sold for $150.00. You have no way to prove what you paid for this chip - no receipts, no cancelled checks, nothing. Your taxable gain is $150.00. Hey, THAT AIN"T FAIR!!!! You're right - but it's the law!<g> Best, Jim

Messages In This Thread

Whats a dealer and whats a collector?
Re: Whats a dealer and whats a collector?
A Chipper....
Re: A Chipper....
Re: A Chipper....
Re: A Chipper...Paris Jeton roulettes question.
Re: A Chipper...Paris Jeton roulettes question.
Re: A Chipper...Paris Jeton roulettes question.
Re: A Chipper...Paris Jeton roulettes question.
Re: A Chipper...Paris Jeton roulettes question.
Re: A Chipper...Paris Jeton roulettes question.
Re: A Chipper...Paris Jeton - Cost
Re: A Chipper...Paris Jeton - Cost
Re: A Chipper...Paris Jeton - Cost
Re: A Chipper...Paris Jeton - Cost
Re: ABBIATI chips and plaques:
Re: A Chipper...Paris Jeton - $3.50
Re: A Chipper...Paris Jeton roulettes question.
Re: A Chipper...Paris Jeton roulettes question.
Re: A Chipper...Paris Jeton roulettes question.
Re: A Chipper...Paris Jeton roulettes question.
Re: A Chipper...Paris Jeton roulettes question.
Re: A Chipper...Paris Jeton roulettes question.
Re: A Chipper...Paris Jeton roulettes question.
Re: A Chipper...Paris Jeton roulettes question.
Re: A Chipper...Paris Jeton roulettes question.
Re: Whats a dealer and whats a collector?
Re: Whats a dealer and whats a collector?
Re: Whats a dealer and whats a collector?
Re: Whats a dealer and whats a collector?
Re: Whats a dealer and whats a collector?
Re: Whats a dealer and whats a collector?
Re: Whats a dealer and whats a collector?
Re: Whats a dealer and whats a collector/RARE?
Re: Whats a dealer and whats a collector/RARE?
Re: Whats a dealer and whats a collector/RARE?
Re: Whats a dealer and whats a collector?
Re: Whats a dealer and whats a collector?
Re: Whats a dealer and whats a collector?
Re: Whats a dealer and whats a collector?
Re: Whats a dealer and whats a collector?
Re: Whats a dealer and whats a collector?
Re: Whats a dealer and whats a collector?
Re: Whats a dealer and whats a collector?
Re: Whats up doc?
Cozy Cole ...
Re: Cozy Cole ... (off topic)
Re: Whats a dealer and whats a collector?
Re: Thanks For Nothing!
Re: Thanks For Your Response Jimbo!
Re: One Question Answered Only!
Re: One Question Answered Only!
Re: One Question Answered Only!
Re: One Question Answered Only!
Re: One Question Answered Only!
Never mind the law ...
Re: One Question Answered Only!
Re: One Question Answered Only!
That pretty much covers the subject ...
Re: That pretty much covers the subject ...
I rarely sell chips ...

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