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Buell Forum » 1125R Superbike Board » Archive through February 12, 2015 » FYI: EBR for sale « Previous Next »

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Advanguard
Posted on Friday, January 16, 2015 - 04:55 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

not mine but a rare occasion
http://sandiego.craigslist.org/nsd/mcy/4848931414. html
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Cmgaviao
Posted on Friday, January 16, 2015 - 05:19 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

this is the guy that won the amsoil contest. seems to be asking a bit much given the latest promotions from EBR.
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Sprintst
Posted on Friday, January 16, 2015 - 09:31 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Yes it does
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Drm1125r
Posted on Saturday, January 17, 2015 - 08:16 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

What a jackass. Why enter the contest just to try offloading it.
This kind of crap pisses me off.
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Jdugger
Posted on Sunday, January 18, 2015 - 07:27 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

He's facing an ~$8,000 tax bill for having won!
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D_adams
Posted on Sunday, January 18, 2015 - 07:42 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Sales tax on it shouldn't be that damn high. Mine was like $1500 or so.
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Kruizen
Posted on Sunday, January 18, 2015 - 08:34 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Taxes on revenue. It's like he just made another 18,000 in annual salary. Kinda like a big win at a casino.
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Court
Posted on Sunday, January 18, 2015 - 09:25 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

A gift carries income, not sales, tax.

It's one of the reasons there are several legal criteria for something to be a "gift". The 2nd of them are that it must be received as a "gift" by the person getting it. There was a time you could bankrupt a person by "gifting"

There is an entire occupation of "contest entered". My parents, years ago, won a $10,000 VIP trip to the Super Bowl. There were 10 winners of the Nestle contest and mom and dad were the only ones who weren't pros.

Folks follow contests and enter many contests ..... Hundreds of times each and make a living selling the prizes.

We are biased by our perspective ...... We, as motorcyclists, think folks want motorcycles.
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