Re:Won a Harley, keepin' my Roadie...
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TOPIC: Re:Won a Harley, keepin' my Roadie...
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rkoch (User)
Fresh Boarder
Posts: 53
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Won a Harley, keepin' my Roadie... 3 Years, 10 Months ago
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Guys, would you believe I won a Rocker C a few weeks ago in a casino poker run? Well, I traded "up" for a 2009 Screamin' Eagle Fat Bob, with the intent of selling my '05 Road Star...well, after taking delivery of the Fat Bob, it is for sale and I'm keeping my Roadie. Bike is beautiful, but love the ride of my Roadie much better. On a side note, anyone wanna swap Roadstar saddlebags? I have the studded leather Silverado version, would like the non-studded style...I've upgraded to Ultimate seats and now my studded bags don't match - RK.
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Re:Won a Harley, keepin' my Roadie... 3 Years, 10 Months ago
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Congrats on winning the bike! Nothing wrong with keeping the roadie if that is your choice. Its a great bike. Good luck on the trade of bags.. you might keep this posted near the top if you do not get any quick takers on the bags.
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\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\"A mind full of judgment has little room for wisdom\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\"
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Re:Won a Harley, keepin' my Roadie... 3 Years, 10 Months ago
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Wish I could win a bike!!!!!!  |
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Re:Won a Harley, keepin' my Roadie... 3 Years, 10 Months ago
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Re:Won a Harley, keepin' my Roadie... 3 Years, 10 Months ago
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Just remember when you win a bike what ever the retail price is for that bike you have to claim as income for the year. OMG wait till you see what that does to your taxes!!!!!!
Speaking as a guy who routinely has five-figure W2-G's to deal with (remember, I teach gaming seminars around the country for a living and I happen to be pretty good at winning) I can tell you that good record-keeping is a must if you want to minimize your tax exposure on the bike win. I'm assuming you "play" at the casinos. It is extremely important that you track your game play, cash in-cash out, amount of time played (hours per day) etc. if you want to deduct losses that can offset this win. Hand-written journals supported by receipts for travel, hotels, etc. are acceptable to the IRS. The key is you can only write off "losses" to the extent of your wins. If you lost $38K while winning a $10K jackpot you can only deduct $10K of those losses. You won't owe the taxes on the $10K win, but you'll still be $28K in the bucket. The real problem with most gamblers is that they win that $10K jackpot, then give the entire $10K back to the casino. With no offsetting losses that $10K win turns into $4K of back taxes you'll owe come tax time.
Sometimes it sucks to win. That's why I prefer casino games where the wins don't come with a W2G attached. (Table games vs. slots).
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Yes, as a matter of fact I DID have the right-of-way!
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Re:Won a Harley, keepin' my Roadie... 3 Years, 10 Months ago
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Re:Won a Harley, keepin' my Roadie... 3 Years, 10 Months ago
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I have an O7 R* Silverado with non-studded leather baqs and would be willing to swap the bags. PM me with details.
Jerry
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Keep the wheels turnin\'
Zim
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Re:Won a Harley, keepin' my Roadie... 3 Years, 10 Months ago
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Lucky Dog. I would keep both. They are different rides for different days. As for the Bags, I would say lets trade, but I just had studs added to my bags last month. It cost me 50 bucks. I figured thats cheap, I also figured I would go gray before I could find somebody to trade with
But I am looking to trade my Spoked rims for some OEM Cast Aluminum. They look nice, but they are also more work than I would like to keep them shiny
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