F/S 1999 Suzuki SV-650S $1999 - Page 7

marko138 · 09-30-2009, 04:30 PM

Quote:

Originally Posted by ShanMan14

Well chyt, I've done it both ways. I listed it for $3K expecting maybe $2500 based on input here, so that's not working. Now what? $2K, $1K?

I hear ya. How is other stuff selling locally?

Rider · 09-30-2009, 04:33 PM

If you need a tax write off, donate the bike and take the full retail value as a tax deduction.

shmike · 09-30-2009, 05:06 PM

Quote:

Originally Posted by Rider

If you need a tax write off, donate the bike and take the full retail value as a tax deduction.

I know you mean well but stop with the tax advice.

You are way, WAY off.

Rider · 10-01-2009, 09:43 AM

Quote:

Originally Posted by shmike

I know you mean well but stop with the tax advice.

You are way, WAY off.

Think again. As long as he isn't claiming more than "fair market value", the motorcycle isn't in need of any repairs and, the charitable amount does not exceed 50% of his adjusted income, then he can deduct the motorcycle value from his taxes. Sounds like you may need a new tax accountant, because you are being fed wrong information.

http://www.goodwillwm.org/donate/vehicledonations.html
http://www.irs.gov/pub/irs-tege/pub4303.pdf

ShanMan14 · 10-23-2009, 11:22 AM

Dropping the price to $1999

Please change the thread title!

Rider · 10-23-2009, 11:24 AM

Wow, that's cheap. Good luck.

OneSickPsycho · 10-23-2009, 11:30 AM

If you look to donate, you can donate to me.

ShanMan14 · 10-23-2009, 11:33 AM

I'm not going lower, that's it. This is a steal and anyone who knows bikes and knows my story will know it.

shmike · 10-23-2009, 11:37 AM

Very fair price, ShanMan.

I have a '99 also, it is a great bike.

Have you tried the SV board(s)?

If you get desperate, shoot me a PM.

DO NOT follow Rider's advice.

It is wrong, whether he believes it or not.

Rider · 10-23-2009, 11:40 AM

Quote:

Originally Posted by shmike

Very fair price, ShanMan.

I have a '99 also, it is a great bike.

Have you tried the SV board(s)?

If you get desperate, shoot me a PM.

DO NOT follow Rider's advice.

It is wrong, whether he believes it or not.

Are you a tax accountant? If not shut the fuck up.

10-23-2009, 11:37 AM	#69
shmike Follower Join Date: Nov 2008 Posts: 5,549	Very fair price, ShanMan. I have a '99 also, it is a great bike. Have you tried the SV board(s)? If you get desperate, shoot me a PM. DO NOT follow Rider's advice. It is wrong, whether he believes it or not. __________________ Racing For Smiles

09-30-2009, 04:33 PM	#62
Rider Moto GP Star Join Date: Feb 2008 Posts: 12,156	If you need a tax write off, donate the bike and take the full retail value as a tax deduction.

10-23-2009, 11:22 AM	#65
ShanMan14 sunuvabytch Join Date: Feb 2008 Posts: 107	Dropping the price to $1999 Please change the thread title!

10-23-2009, 11:24 AM	#66
Rider Moto GP Star Join Date: Feb 2008 Posts: 12,156	Wow, that's cheap. Good luck.

10-23-2009, 11:30 AM	#67
OneSickPsycho Ride Like an Asshole Join Date: Feb 2008 Moto: nothing... Posts: 11,254	If you look to donate, you can donate to me.

10-23-2009, 11:33 AM	#68
ShanMan14 sunuvabytch Join Date: Feb 2008 Posts: 107	I'm not going lower, that's it. This is a steal and anyone who knows bikes and knows my story will know it.