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How about doing the work and then renting it out???? Just a thought.
<br><br>
Avery <br><br>
At 09:05 AM 3/30/2006, you wrote:<br>
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Hi Tom:<br>
I'm going to stick my neck out and try to answer your
questions. First, an offer of $500 to buy the piano I think, would
be fair for buyer and seller considering the instrument is now unplayable
and needs considerable work. You also have to move it out of the
basement and into your shop.<br>
Now comes the hard part. I used to run into this
sort of thing in the auto repair business. Buy an old car, fix it
up and hope to make money. In this case, because of the flood of
low priced entry-level Asian grands coming into this country, you might
have trouble coming out ahead. It might make more sense to rebuild
it, and keep it in the family or donate it and take the deduction.
On the other hand, how about a chapter project piano or one for you or
others to gain experience with. The idea here is not to make a big
profit, but to learn. In the end, you might be working for $5/hr
but the experience may be worth a lot more. <br>
Flame suit and helmet in place......and I love the
names you gave the piano.<br>
Mike Kurta</font></blockquote></body>
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