Can someone report you for tax fraud?

sports cars over 100k image

aznbishopx

So here's the a scenario. My dad owns a business and decides to buy himself a two sports car that cost from 100k-200k within a three year time span. Now a neighbor who just happens to see these cars parked out on our driveway ask himself how does this man afford these. And he just happens to call the IRS for tax fraud or whatever. Will the IRS take a look into this, and will owning two sports car be valid as evidence?
Okay. I don't know how much my dad makes, but I know his business income is 300k.

Answer
YES any one can do so BUT they really do need some good hard proof for this purpose and time when they do so in order for the IRS to get involved with it at that time in your life.
Hope that you find the above enclosed information useful. 04/23/2013

I have 6000 (preferebly under) to spend on a used car. What are some of the most reliable/fuel efficient cars?

cheeky

I just sold my sports car due to gas milage and being a struggling college student insurance kind of stunk. I have 6000 (but prefer to spend 3500-5000) on a car. It has to be fuel efficient, reliable (i replaced a transmission in my previous car, and know there will be bills with a used vehicle, but it'd be nice if it had a low maintenance reputation), and under 100k miles. A manual is preferred as well.

Some cars i've looked at

cobalts 05-08 (although reviews were scattered and claim all types of problems)

Civics (seem to be overpriced as people ask well over kbb)

Vw jetta tdis (high high miles.)

I'm asking if anyone has any suggested years or models to help me out if possible, thanks for your time.
I forgot to mention slight details. It will need a clean title, and hopefully have decent resale. I don't plan on keeping this car over 2 years before i give it to my girlfriend.

thanks again!
-response to brent.

Appreciate the response, unfortunately 18mpg is what i previously got. I know crown vics run forever, but they're boats in their own way.

I plan on paying off the vehicle in full, and i can do the required tb change at 100/140k every car requires for parts cost in my garage.

I believe 5-6000 is a very reasonable budget for a basic model car 50-90k miles, i don't expect a new off the lot vehicle but considering it's a buyers market i don't see any reason why i shouldn't be able to meet my expectations!

here are some links i picked up just browsing local craigslist. I just need to know what's the best bang for the buck in terms of pairing fuel economy and reliability.

http://detroit.craigslist.org/okl/cto/3636469861.html (clean title, i ran the car fax)

http://detroit.craigslist.org/okl/cto/3583337307.html

http://detroit.craigslist.org/wyn/cto/3633192183.html

Answer
Go get yourself a late 90s (or younger if you can budget it) Crown Victoria or Grand Marquis (without airbag suspension), pay it in full and get liability insurance with uninsured motorist and enough PIP to get you buy.

Problem solved.

Not the most fuel efficient car, but I'd trust it a lot more than an overpriced POS econobox. Besides, beggars (you) can't be choosy. You need a car that works before anything else and those Ford Panther cars do just that. Your requirements are out of your budget and most econo cars (like any VW and many Hondas) under 100k miles have timing belts and you're going to be forking out over $1000 just to deal with that pretty soon as most of those cars have (tah dah!) a 100k timing belt change interval.

Glad to help.

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