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We bought out our car after a four year lease. We turned around and sold the car for more than the lease buyout price. Is that difference considered income on our taxes?
Wiki User
∙ 16y ago
generally, no. Most of the time are only required to disclose income from automobile sales if you sell several in that year.
Wiki User
∙ 16y ago
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What company bought out uTorrent?
Bittorrent was known as the buyer of utorrent. In a disputed claim and to the dismay of many users and critics, bittorent was not considered a true buyout because it was a sister company.
What is the Difference between delphi paradox and corel paradox?
There is no version of Delphi Paradox. The earlier versions of Paradox were published by Borland, which was later bought by Corel. The latest versions (8 and on) were published by Corel after the buyout.
What are the release dates for The Buyout - 2011?
The Buyout - 2011 was released on: USA: June 2011
What does buyout mean?
Typically buyout means a financial incentive offered to an employee in exchange for an early retirement or voluntary resignation
What is term for The strategy of investors who are attempting a leveraged buyout is touse debt to finance the purchase of buyout the firm's stockholders and gain control of the firm themselves?
The strategy of investors who are attempting a leveraged buyout is:
Did Microsoft buyout Nintendo?
NO
How does a leveraged buyout differ from an ordinary buyout?
In an ordinary buyout, the buyer usually has most of the cash with which to complete the purchase. A leveraged buyout, also known as an LBO, involves the buyer in borrowing money to fund the purchase in the hope the purchased asset will more than fund the debt interest repayment.
What is a buyout?
A buyout is an acquisition of a controlling interest in a business or corporation by outright purchase or by purchase of a majority of issued shares of stock.
What is the buyout clause in christiano ronaldo's current real Madrid contract?
£830,027,000 is his buyout clause (1000 million euros
What is a workers comp buyout?
A workers' compensation buyout is when the company opts to pay an employee the entire amount of their workers' compensation instead of making payments. Most companies will offer a buyout in an attempt to pay the employee less.
Will Sprint buyout my Verizon contract?
no
When did Nike buyout converse?
2003
