Recent content by Mike87

I spoke to my accountant. This type of donation is what the IRS deems as a "Quid Pro Quo" contribution. Under IRC Section 170, the amount of deduction a taxpayer can claim is reduced by the value of goods or services received. In my above example, your actual donation is $2m. The charitable...

I think the car will hammer above 3m. However, I have a question (I already emailed my tax accountant for the answer, but they are slow to respond, and perhaps others might be naive like me on tax stuff). Anyone know how this charity deduction works? Let's say you pay $2,468,000 for the car...

Glad you enjoyed it Kingman! It is always a great time with some great people. Some friends are hitting the Pelican Parts gathering which is 4x the size just up the street on Nov 18th. I hope your FGT will be ready by then and you can join us!

This Saturday morning some friends and I are meeting in Torrance at my warehouse and will drive to a C&C close by. I'll be taking the new 2017 FGT. A few CGT's and cobra's will be joining us. If any FGT owners in the area would like to join us, we would love to have you along! Please PM me for...

Yep! That quote says it all. Our FGT's and the new GT coming are two different cars. I have no concerns of a declining value on my FGT and I paid at the top of the market.

I wish I could think like this. I save too much and spend far too little. That's what brought me to where I'm at, but at some point I need to step to your side a bit more.... That said, I'm in depending on how many will be made and I can justify the price for what they build. In other words, I...

McLaren? V6... no? Drove one a few weeks ago... felt pretty "super" (nothing like my FGT or CGT though...).

Received your text and replied. Thanks so much. Looking forward to getting this FGT the way it should be.

I'm fairly new with my Ford GT, just picked it up a couple of months ago with less than 500 miles on it. I'd like to lower it, maybe an oil change (who knows when it's been done last with such low miles). Also need to replace an aluminum piece near the floor mats (the car still had the Ford...

Thank you! I contacted Cooltech... waiting for a call back. See you maybe in Dec. Meanwhile, I'll try to get this PM account set up.

There is a nice car show in Rolling Hills Estates (near Torrance, Redondo Beach, etc.) on the first Saturday of each month. Plenty of classics, exotics, etc. (last week a Ford GT, Carrera GT, McClaren, Ferrari's, and lots of Porsches). I'll be there this weekend in a black/silver stripe FGT...

Thank you all very much for the contacts and warm welcome!

Hi members, Well, I'm a newbie here and I'm looking for 2 things for my FGT: 1: A good mechanic recommendation near the PV, Torrance, or Long Beach area 2: A good suspension guy that can lower my FGT Any help in these areas would be appreciated! Thanks, Mike