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Thread: L Series, 240Z,260Z,280Z Billet Dampener/Pulleys Offered

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  1. #1
    Join Date
    Dec 2001
    Location
    raleigh, nc, usa
    Posts
    5,252

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    Ron, your attorney says to be sure to report all income from this venture to the Internal Revenue Service.

    This is a public service message. Thank you.
    NC Region
    1980 ITS Triumph TR8

  2. #2
    Join Date
    Nov 2005
    Location
    Rocket City, Alabama
    Posts
    607

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    Quote Originally Posted by JeffYoung View Post
    Ron, your attorney says to be sure to report all income from this venture to the Internal Revenue Service.

    This is a public service message. Thank you.
    Hey Ron, Just got off the phone with Dewey, Cheatam, and Howe and they said you do not have to report it as income unless you also report your prize money. If so, you have engineering costs, costs of production, etc that can be used to offset income.

    Either way, it is tax year 2009 so you don't have to worry until April 15, 2010 about an audit.

    BTW, pulley arrived, looks great thanks for doing this.


    heads off to write check to IRS for this year and waiting on the finders fee for reporting tax cheaters
    Paul Ballance
    Tennessee Valley Region (yeah it's in Alabama)
    ITS '72
    1972 240Z
    "Experience is what you get when you're expecting something else." unknown

  3. #3
    Join Date
    Nov 2006
    Location
    Albuquerque
    Posts
    19

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    Thanks Ron, got my pulley yesterday...Robert
    ITS 240-Z #50
    Rio Grande Region

  4. #4
    Join Date
    Aug 2008
    Location
    Orlando
    Posts
    14

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    Hi Ron! The stock pulley torque is 87 - 116 ft-lbs how tight should this aluminum one be? Its going on this weekend.

  5. #5
    Join Date
    Jul 2004
    Location
    Raleigh NC
    Posts
    3,682

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    Hey Palbo,

    Heck if I know. I torqued mine down to around 100 ft-lbs. No ill effects thus far with three SARRC races and one ECR.

    Ron

  6. #6
    Join Date
    Aug 2008
    Location
    Orlando
    Posts
    14

    Default

    Good enough. I'll report back the results after the 90 min enduro.
    Thanks again. Pablo

  7. #7
    Join Date
    Jul 2004
    Location
    Raleigh NC
    Posts
    3,682

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    I think it'll be fine. According to the hour meter we've got around 7.5 hours of runtime on the new engine with the races, practice, and qualifying. The ECR was 1.5 hours of that time. Thus far no ill effects and no movement of the pulley.

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