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These sound like the calculations a business would make, not an individual. I’d be surprised if a state taxed the sales price of a used car sold by an individual as regular income if it was less than what the individual originally paid.
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Depreciation expense is funny money. Irrelevant to most unless for business use. The comment though was if you sold a car for more than you paid for it, the difference would be taxable.
I think you need a better accountant. We have cost basis in calculating profit, though no personal property tax, just tax paid by he buyer based on sale price.
Turning off the electricity isn’t an option for anyone.
I’ll bet for every one of your examples above there are 10 like the car that was in the shop today with license tabs that expired in the middle of last year.
If you can.spend $600 for me to fix your A/C you really should renew your registration.
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They do it in southeast pennsylvania also.
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