Wait till the IRS knocks on his door.
for what buying a used car? The IRS can only get involved if he resells it makes a profit and doesn’t report it... its the insurance that’s gonna kill him.
Exactly! Just like all those people in Oprah’s audience who found out they had to pay the taxes on the new cars she gave them.
Wait till the IRS knocks on his door
Not to mention the Commonwealth of PA and Allegheny County.
They ain’t walking away with 7% sales tax on twenty bucks.
The IRS cannot do anything about it. He didn’t get the car for nothing, he paid 20 bucks for it. If he sells it for more than 20, then he has to declare the profit, other than that he is within the law, which is why the guy “sold” him the car instead of giving it to him, which would have cost him plenty in taxes.