Re: A thought about liquidity.....
[ QUOTE ]
I disagree and am confident the IRS will as well. Suppose you win the sat and don't bother to show up to play in the tournament?
[/ QUOTE ]
What difference would it make whether you did or didn't play? Either way, you have a seat with your namecard next to it; whether you're in your seat, in the bathroom or 200 miles away makes no difference to the fact of your entry.
|