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<p>[QUOTE=&quot;medoraman, post: 1543358, member: 26302&quot;]Very true. Actually, (as an aside for anyone curious), the IRS by default assumes you have zero basis in anything you sell. You have to prove to them you did not receive it for free, and therefor owe tax on 100% of the sales proceeds.</p><p><br /></p><p>Btw Silver, I value privacy highly as well. I very much am a libertarian, my comments were simply to warn that taxes can still be due even on a trade. Yes, many people ignore this and do not pay taxes, but trust me, the government is broke and very soon tax enforcement will get much more attention.[/QUOTE]</p><p><br /></p>

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