Quote:
Originally Posted by 90503
Is that gross income? Adjusted gross? Taxable income after deductions? Based on last year's return? Can next year's income be higher than what would qualify? One and done when purchasing? Bring old tax return to dealership? What if current year is going to be higher income than last return?
Can a lower income buyer immediately resell it to someone who doesn't qualify?... Just curious...
|
ah yes... let us begin gaming the system of having the goverment defining winners and losers in the marketplace.
If i buy a car without a rebate and flip it around for sale immediately, will I lose the full $7500 off the top even though I never received it? (answer: YES, the goverment rebate is factored into the resale price)