That’s the whole point of the 10 day rule. You need to resell it within 10 days in order to avoid paying the sales tax yourself.
As I said, FTB loves taxes, and they will probably ‘not’ allow this. But power to the person who attempts this. And the poor seller who might have to go to a ‘tax audit’ over this. It does appear to they will allow this though without a Resale Certificate, or the timely registration of the car by the buyer, the seller might be on the hook.
So I will now change my statement,
Are you sure you want to CL it? You might have to pay taxes after all.
You are basing this on your opinion, which has been wrong over and over again. If you don’t know for a fact, it’s better to just not give any advise than give incorrect advise.
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