[AT] Re: Massy-Harris 44 - tractor prices

[jfgrant]

That my friends is one of the main reasons to have a "TRUST" set up so the
IRS doesn't inherit your worldly treasurers. Ya, I know there are some down
sides to a trust but over all it beats anything else short of either not
going or taking it with you. I recently was the executor of an estate that
was set up in a trust that cashed out well over $500,000 with NO TAXES! See
your friendly local atty. who specializes in trusts!.
----- Original Message ----- 
From: "charlie hill" <chill8 at cox.net>
To: "Antique tractor email discussion group" <at at lists.antique-tractor.com>
Sent: Thursday, July 01, 2004 3:56 PM
Subject: Re: [AT] Re: Massy-Harris 44 - tractor prices


> Kyle those estate issues are heart breakers.  Lots of times a guy will
have
> a big collection of toys but not a lot of cash.  The family may want to
keep
> the toys to maybe start a museum or to just enjoy them but the IRS doesn't
> see it that way.  They come in and put a value on the items that may
greatly
> exceed what the owner has in them and demand payment of estate taxes based
> on that value.
> Then the family is forced to sell the property if for no other reason than
> to prove to the IRS that it isn't worth what they claim.
>
> Charlie
> ----- Original Message ----- 
> From: "Kyle Sands" <willys_46 at mail.com>
> To: "Antique tractor email discussion group"
<at at lists.antique-tractor.com>
> Sent: Thursday, July 01, 2004 1:27 PM
> Subject: Re: [AT] Re: Massy-Harris 44 - tractor prices
>
>
> > I've only recently started watching tractor prices on ebay.  I wonder if
> these past several days were a fluke, or if it's typical to find some
pretty
> good deals on ebay...I don't really pay attention to the JD side of things
> since I just figure they'll go high no matter what.  Besides, I already
have
> two of those to wrench on anyway.
> >
> > Leroy, you may be able to make the seller an offer on those MM's or the
> Massey.  Did you read he has 400 cars from his father's estate to sell?
> Perhaps he'll be desparate to get rid of some stuff and cut you a good
> price.  He's located way up on the northwestern part of the state which is
a
> good 7 hour drive for me.  I'm relatively close and I wish he were closer
> yet.  I'm headed up that direction for an auction in mid-July.  If you
need
> help loading something, give me a call!
> >
> > Kyle Sands <>< Huntley, MN
> >
> > >
> > > Thought so.  I thought they were very good deals and wished he was
> closer to
> > > me.
> > >
> > > I was watching the 44 and still have it marked as I do the ZAE.  Could
> have
> > > bought 2 tractors for
> > > what I paid for a Ferguson 40 recently and some change left over.
> > >
> > > THe JD 60 he had sold for $2700 or so and that W4 for around $1200.
Saw
> the
> > > RTU and
> > > drooled over that.  I need to move west.
> > >
> > > I think the best deals are on the Allis, MM and Massey or seem to be.
> > >
> > > LeRoy
> > -- 
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