May 14, 2008 #1 A amps New Member I would like to sell my vehicle for $10,000, but since my car is a classic and many many folks want it, I would like to sell $100.00 raffle tickets and hold a raffle instead.... what tax liabilities do either I or the winner has?
I would like to sell my vehicle for $10,000, but since my car is a classic and many many folks want it, I would like to sell $100.00 raffle tickets and hold a raffle instead.... what tax liabilities do either I or the winner has?