I received a call from someone wanting to sell one of his two pianos. A older Baldwin SF 10 and a 18 y/o S&S B. He said that if he sold the S&S, he would have to pay Capital Gains Tax on the amount over his purchase price but not on the Baldwin. I told him I didn't think personal property was subject to this tax. Can any of the tax savvy on the list shed some light on this? Regards, Jon Page
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