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re: Gifting a car or selling it for cheap???
Posted on 3/15/24 at 7:05 am to AllsGroovn
Posted on 3/15/24 at 7:05 am to AllsGroovn
Not me… but someone I know… has sold many cars for $3000 or less on paper. “They” asked the lady at the title transfer place if anything ever happens or red flags are raised and she said never. We see it all day everyday and I’ve never heard of anything happening.
On top of that, acts of donation happen all of the time too so no taxes are paid.
On top of that, acts of donation happen all of the time too so no taxes are paid.
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