I have always wondered if the IRS would ever look at the cards I have as "assets" and try to tax them as such? If I didn't word this appropriately please let me know. I understand all the cost, expenses, profit, net loss/gain aspects of this post. But what I am wondering is if the cards themselves, the ones I'm keeping for my own personal collection, would ever be considered assets and therefore taxable in any way?
Always looking for Kirby Puckett relics, game used, patches, inserts, refractors & parallels. Also looking for BGS 9.5 RCs from 1981-current.