Selling your personal car doesn't trigger capital gains tax

Name: Selling your personal car doesn't trigger capital gains tax
Duration: 55 s
Description: Personal property like cars isn't subject to capital gains tax, and Minnesota lets you flip up to five cars per year tax-free.

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Wondering if you owe capital gains when you sell your personal car? TJ explains why personal property doesn't work that way—and shares a side-hustle angle involving rust-free cars from down south that could put extra tax-free cash in your pocket each year.

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