Selling your personal car doesn't trigger capital gains tax

Name: Selling your personal car doesn't trigger capital gains tax
Duration: 60 s
Description: Personal property like vehicles isn't subject to capital gains tax, and you can flip up to five cars per year in Minnesota 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 clever side-hustle angle involving out-of-state auction cars that could put extra tax-free cash in your pocket each year.

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