About ten years ago I had over $12,000.00 worth of toy tractors stolen. I'm reasonably sure I had to pay income tax on the insurance check, but I'm not positive. That was all I had them insured for, and had actualy thought that I had dropped the insurance. My loss was far greater than the insurance amount, so I wonder if I could count that as a loss?
I have seen numerous toy show folks keep track of all sales, don't know if they are honest about it or not. I think they are supposed to pay sales tax though. Unless they have a hidden camera, or a sting operation, it would be pretty hard to enforce.
Alot of flea markets in our area require proof of liability insurance before they can set up. I don't know what the min. is however.
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Today's Featured Article - Upgrading an Oliver Super 55 Electrical System - by Dennis Hawkins. My old Oliver Super 55 has been just sitting and rusting for several years now. I really hate to see a good tractor being treated that way, but not being able to start it without a 30 minute point filing ritual every time contributed to its demise. If it would just start when I turn the key, then I would use it more often. In addition to a bad case of old age, most of the tractor's original electrical system was simply too unreliable to keep. The main focus of this page is to show how I upgr
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