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Reply to "Buying leased car at term end to immediately sell it"
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[quote=Anonymous][quote=Anonymous]We are about to do this but I suppose we will get slapped with cap gains tax on the profit huh? Still worth it. [/quote] I don’t think they will be issuing you a 1099. I can buy out my lease and resell for about $15k more. I plan to do it. Why wouldn’t I??[/quote]
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