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The trick is to be rich enough not to care. If a 110K '69 Z is like 100 bucks out of pocket then I'd buy it and enjoy it.
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Dan |
Italian Guy ref is probably JOHN STALUPPI.....self made Multi Millionaire
who owns HONDA and HYANDAI dealerships, etc etc |
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I was in the local Chev dealer, early am, a few months back getting some service on the Tahoe. Who was sitting in the waiting area by himself? John Staluppi. He owns the place and just recently built it. Was gonna chat with him, but he checked the fit of the new front doors, then left in his car. Very straight up, self made guy
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My take is that market is very strong for rare and desirable cars. I do think that resto mods are here to stay and believe that whatever creates more interest in the hobby is a good thing.
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That is correct. However if you lose 30K on a sale and do not profit on another you cannot take the 30K as a capital loss. It can only be used against profit
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