Guns as "Investments"?

Hypothetical situation:
You bought a decent double gun several years ago for $2000 and sell it for $3000. Do you report the $1000 gain to the IRS as income?

You bought some stock several years ago for $2000 and sell it for $3000. Guess who will be knocking on your door wanting their share of the profit! wink
Jim

Last edited by James M; 04/07/17 05:35 PM.

The 2nd Amendment IS an unalienable right.