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Posted on 5/19/10 at 9:21 am to seawolf06
I guess that's what i get for not looking this up. So is there any kind of way to take advantage of this tax break buying and selling cars privately?Posted on 5/19/10 at 9:22 am to seawolf06
In Louisiana you also pay taxes on the $20,000. You would take your selling price minus your trade and pay your taxes on that.
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