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<blockquote data-quote="Dave" data-source="post: 1554263" data-attributes="member: 498"><p>About 5 years ago I was shopping for a new to me trailer. Steel trailers just don't last in Western Washington so I was shopping aluminum. All the use aluminum trailers I found were 20 years old and cost only about 2K less than new. I figured that they were selling for more dollars than they cost new. So I bought new. I depreciated it out. I figure in 20 years it will be worth what I paid for it. Also in 20 years I will be 87. I also figure by that time my memory will be so bad that I will forget to tell the IRS that I sold it.</p></blockquote><p></p>
[QUOTE="Dave, post: 1554263, member: 498"] About 5 years ago I was shopping for a new to me trailer. Steel trailers just don't last in Western Washington so I was shopping aluminum. All the use aluminum trailers I found were 20 years old and cost only about 2K less than new. I figured that they were selling for more dollars than they cost new. So I bought new. I depreciated it out. I figure in 20 years it will be worth what I paid for it. Also in 20 years I will be 87. I also figure by that time my memory will be so bad that I will forget to tell the IRS that I sold it. [/QUOTE]
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