Jan 24, 2008 #1 A arphoto New Member Last year I bought a used car from a private owner "as is". 2 weeks later the engine went.Long story, short, I traded it in and of course didn't get back nearly what I paid. Can I claim this loss on my taxes? Thanks
Last year I bought a used car from a private owner "as is". 2 weeks later the engine went.Long story, short, I traded it in and of course didn't get back nearly what I paid. Can I claim this loss on my taxes? Thanks