Did I do the right thing?


Well it's tax time again and here comes Uncle Sam to take a bite out of me, and one that I can ill afford. Since there is no escaping death or taxes, I decided that it was time to divest myself of something. But what? In the end there were only two things that had value that I could conceivably part with; my relatively new Rega P3 and about 50lps or two very valuable bottles of California cult Cabernet from my cellar. After much deliberation I've decided to sell the wine. Even though I know I made the right call, I could use some affirmation flung my way. Has anyone else faced a similarly difficult situation? If so please share.
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Showing 1 response by tlhub

Have it all, just in smaller quantities. Sell 25 lps and one bottle of the wine (assuming you can find that serious buyer). If you don't try at least one of those bottles you may kick yourself for a very long time. Or keep it all and get a home equity loan to cover the taxes. Good luck.