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Greg and other gents, we are beginning to dig!

Just got Permits from the City to begin. Called the concrete guy to begin grading and pour foundations.

FINALLY and it IS happening!

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RS is out of Penrite LUB009 1200w.

Maybe I should get some “corn head grease.”” Any ideas if CHG is ok for yellow metals?”

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It also seems there are slightly different part numbers ranging between $3.81 and $49/tube. What should we use and where?

Corn head grease might work very well for more grease fittings around the car?

I have been very serious using lubrication when a too dry Starter/Generator failed in a 1920 Cadillac when the Bendix did not release from the flywheel, allowing the armature to overspin and wiped out the windings. This facilitated about a six-month rebuild to get the armature rewound. Now I use lotsa oil and grease!

But I want to be sure that I am lubricating with the proper lubricants for our 100-year-cars, so I am very carefully watching posts.

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Trying again with the link as Peter suggested

http://www.youtube.com/watch?v=7zNhli-J0Gk

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Well, just woke up Anne with a Youtube video, watched it three times, about “Corn Head Grease”” she said she is feeling polyuric!

Looks great and easy to administer. Is it ok for yellow metals?

http://www.youtube.com/watch?v=7zNhli-J0Gk”

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George, I still do not understand where to find the “documents” referred in your post

“Paul, this maybe a situation in which materials have improved. Grease channels and will be wiped from the teeth. The 1918 48-B-5 manual specifies for the steering gear CASE “one gunful of liquid grease” and cup grease for three grease CUPS for bearings/bushings in the steering column. “Liquid grease” was also called “Special Compound” by Pierce-Arrow, both of which are 600-W steam cylinder oil, but there are better materials on the market today. We can/should use hypoid oil IF AND ONLY IF the results of the copper corrosion test are 1a. Please look at the document(s) –like I just did– and see if you agree.”

Are you referring to the “Copper corrosion test are 1a”? I have seen the test strips on the Restoration Supply site.

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George, regarding,

We can/should use hypoid oil IF AND ONLY IF the results of the copper corrosion test are 1a. Please look at the document(s) –like I just did– and see if you agree.

Is the “hypoid oil” considered 600w? Will the Penrite 1200w work in our early cars?

Where are “the documents”?

If using Penrite, do you recommend (in our early cars like our 48-b) using the Penrite LUB009 in the steering box, and or other places using 600w?

https://www.restorationstuff.com/ecommerce/index.php?main_page=product_info&cPath=111_112&products_id=710&zenid=4fl86hlooa914n11n4j62umb84

VBR, Bill

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Greg, NOT a sidetrack! I am printing your comments and a few other comments as well. Very helpful. Enjoyed our conversation at “Minnie’s Restaurant.”” I learn a lot from you.”

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Peter, Love these batteries. I want to be in line when these come available. Absolutely want three! Just waiting for the date!

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Finally got my buildings (one display and one garage) are vetted, deposits made and “should”” be up in a few months. Getting our other cars out of hibernation and getting ready for Spring driving.”

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Great video! George stopped by our collection on his way to PAS Calloway Gardens winter mini meet and gave me excellent tips on driving and working on our 1916 Pierce.

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Sent

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I have 6v Optima batteries in several of my classics. Top notch batteries want to know when the sale begins.

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My wife Anne, myself and our little dog Gunther. All completely accepted. PAS is a very different group of people. Warm, funny, helpful. A comfortable with a twist of deja vu. Faces, familiar but knowing we just met…. delightful.

Even the events, though new to us, like the Columbus Georgia “National Infantry Museum” and the “National Civil War Naval Museum”, they also felt familiar.

One hundred sixty years ago did some of us stand, together aboard massive ironclad ships and felt the shuddering of our guns sounded forth and the ringing of the return fire? An exhilarating immersive experience.

Welcome

https://www.portcolumbus.org/

New friends and old friends.

We had a great time and looking forward to future events.

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Let me add to my above statement(s) and all statements I make anywhere are from the basis that I am a real estate investor and in no way, shape or anything I am an attorney. Get with your tax people and get their input before making any decisions. I do recommend Starker Services, Inc. They have done great work in the past.

I can’t say that attorneys have certain reputations, but an attorney friend tells his mother that his work in that he plays the piano in a whorehouse so he does not tell her he is an attorney. Thinks she will better like this better.

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It seems logical that if you sold an investment to buy another investment, the 1031 exchange should apply. But the IRS says it must be “like kind,” real estate for another real estate. Not cars, nor collectibles, nor “other investments.”

I have used Starker Services as an intermediary in real estate exchanges. They are very good and very conservative. BTW “Starker” is based on a real estate challenge with the IRS that based the 1031 ruling.

In order, in a broad sense, is that you sell your real estate to someone else. You never touch the money. It goes to an escrow agent, called an intermediary. He holds your proceeds in his escrow account.

You determine another property, called the “replacement property” or several properties within 45 days of the closing of your original property. The intermediary, at your direction, buys the replacement property. The purchase of the replacement property must take place within 180 days, or six months.

The replacement property is titled in the original property (it can be a conglomerate of several replacement properties). The idea is that your original property has “grown” into a different property.

Your taxable basis in the original property becomes the taxable basis in the replacement property. Sometimes it can be worthwhile to sell the original property, pay the tax, and buy another property that has a much higher taxable basis.

“Like-kind” usually means, not only real estate but how the real estate was used. For instance, if you sell a rental income property, you must “buy” another “rental” property. Not to be used to buy a piece of land unless you rent the land for about a year and then decide you want to develop the land into something else.

I recently used a “reverse 1031 exchange.” I had a buyer on a rental property that was to close at a certain date. I began searching for a replacement property. I found one and placed a contract and put down earnest money.

The buyer of my original property was unable to get funding to buy my property. So I effectuated the “Reverse Exchange.” Starker Services bought my replacement property in the name of SSI, using my funds. Titled the replacement property in the SSI.

SSI then effectuated a loan to me against the property to cover the amount of purchase. In this exchange I was able to have a six-month period to get my “original” property closed, then, in a second closing SSI titled the property to me.

A usual exchange costs about $750. The much more complicated, while also SSI having to hold the title for a period of time, the cost was $3500. I DID make the original buyer, who screwed up the supposedly their buying my original property causing me to pay more money to make a reverse exchange!

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Thank you. Pierce Arrow inspires us all!

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Thanks, Ed. Good to know. Did not know if it was a baseline. A steal raises the bar. 90 points would be fine. Also exploring a few other high-end marques. I like an open car. Convertible. Four doors. Mid to early 30s. Roll-up windows, no side curtains. Don’t need a 12cyl. 8 is fine.

Something will pop up.

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I was also the back seats in our 1916 Touring car. I guess people had skinnier butts in the early years before fast foods?

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This mini-meet is about 70 miles south of our home in suburban Atlanta, not far from the Atlanta Airport. Looking forward to meeting some of you coming through Atlanta as well as at Calloway Gardens.

Also appreciated Liz Horne reminding me about the deadline and we did get in our reservations in time!

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