State no, but federal, maybe! I think this passed in 1970. Remember any bank deposit over $10,000 is reported to the IRS, then some form 8xxx has to be filled out. What people have had to do is prove to the IRS this was not capital gains/gift, which means if you sell your golf cart for less than what you pay for it, then you need to prove this if audited and you pay no tax, but if you sold a golf cart for $15,000 but paid $12,000, they will be looking for a tax on the $3000. Keep your records of your large purchases
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