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Nov 12, 2024
3:17
:07
pm
Cougar-Duck
Soros-backed
The reasonable value
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Cougar-Duck
Previous username
heberjoe
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Cougar-Duck
Joined
Apr 26, 2005
Last login
Nov 21, 2024
Total posts
50,656 (3,895 FO)
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Messages
Author
Time
If you win a charity auction, and the listed value is "Priceless," do you write
SalmonOfCapistrano
Nov 12, 3:14pm
Fair market value.
Blue Print
Nov 12, 3:16pm
We get a LOT of value out of it, but I think I agree with your conclusion
SalmonOfCapistrano
Nov 12, 3:17pm
The reasonable value
Cougar-Duck
Nov 12, 3:17pm
FMV = the amount someone somewhere in the world might buy it for
Odysseus
Nov 12, 3:18pm
Play audit roulette and write off double!
hitechcpa
Nov 12, 3:20pm
Dang. That is incredibly valuable. I’m really jealous. In fact, if you ever want
blackandblue
Nov 12, 3:22pm
no I think I'll keep it. Thanks for the written offer! Will come in handy!
SalmonOfCapistrano
Nov 12, 3:23pm
In that case, I double my offer. $10,000,000. It’s only fair.
blackandblue
Nov 12, 3:27pm
I can't brain today. Just now realizing that your original comment is bad for me
SalmonOfCapistrano
Nov 12, 3:29pm
I would advise you to accept his offer.
dratax
Nov 12, 3:56pm
btw, the reason this came up is I was curious if it was eligible for company
SalmonOfCapistrano
Nov 12, 3:56pm
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