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Yes, you can legally sell your business vehicle to yourself as long as the transaction is conducted in a transparent and legitimate manner, with proper documentation and adherence to tax laws.

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AnswerBot

5mo ago

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Related Questions

Can I legally sell my house to myself?

No, you cannot legally sell your house to yourself as it would be considered a conflict of interest and could be seen as fraudulent.


Do you have to register a vehicle in order to sell it?

Yes, in most states, you need to register a vehicle in your name before you can legally sell it.


Can a dealer sell a vehicle without a catalytic converter?

Not legally.


Can you sell a car without a title?

Legally, NO! You can sell the vehicle to anyone if the vehicle is over 10 years old and you sell it for parts only, but if the buyer wants to drive the vehicle, they will need a title.


What happens if you sell a vehicle and the new owner never registers the vehicle?

Sometimes it is tough and I am guilty of it myself. Once you get rid of something or sell something, it is their responsibility and it shouldn't be a concern as it is out of your hands.


Are you required to have an established business before you can qualify for a commercial vehicle loan?

Depending on the state you are in you may need to have an establish business first before getting the vehicle. You can always get a vehicle in your personal name and then sell it to your business name in order to gain access to your vehicle for business use.


How does a business decide when to trade in or sell a vehicle?

they usually just sell or trade it in before 'they have to do any major repairs on it


Can a tow company sell a vehicle without a pink slip?

In most states, a towing company can sell a vehicle without a pink slip or its title. However, the towing company, in most states, has to first file a lien on the vehicle for the fees of towing and storage. After the term of the lien expires, the towing company can get a title for the vehicle and sell it legally.


Can a minor legally sell alcohol?

No, a minor cannot legally sell alcohol.


Can a 17 year old girl who is a director with parents in pub business legally sell alcohol?

No you have to be 21. If you do it is possible your parents could loose their license to sell alcohol.


Can you re-sell products legally?

If you do it as a business, only if you have a business license and are in compliance with the tax laws of your state. Even commercial (as opposed to 'casual') E-Bay sellers have to be careful to maintain a legal business.


How many cars can you sell in the state of KY in 1 year without a license?

You have to get a dealer license even you want to do business on just one car. The above answer is legally correct, but know that if you are selling your vehicle and are not selling it for a profit, and plan on using the money to buy another car you do not need a dealers license to sell that one car.