Thread: Vintage #0001 sold
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Old 01-18-2020, 8:12pm   #13
99 pewtercoupe
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Originally Posted by MadInNc View Post
Rick Hendricks, who also bought Vin #1 of the New Lexus for $1,500,000 yesterday
So any amount over the “fair market value” of the item is considered a charitable contribution so its tax deductible. I would assume the FMV in this case is the MSRP of the actual car that is delivered?
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