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Laminar
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Join Date: Apr 2007
Location: Iowa, how long can this be? Does it really ruin the left column spacing?
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Aug 11, 2011, 10:10 AM
 
Well I finished up my latest garage project, it's currently on eBay with just a few hours to go.

I got the bike for free from a friend's dad - they were moving to Texas and they didn't want to take the bike with as it had been sitting in their barn since he parked it when they started having kids 26 years ago.

The pictures tell the story:





















     
Laminar  (op)
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Location: Iowa, how long can this be? Does it really ruin the left column spacing?
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Aug 11, 2011, 10:11 AM
 
     
mattyb
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Aug 11, 2011, 12:14 PM
 
Very nice Mr. Laminar.

I actually thought that 2 strokes were banned in the US on public roads, or at least the stuff over 125cc (or something like that). European rules mean that we won't even have 2 stroke 125cc bike for much longer.
     
Laminar  (op)
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Location: Iowa, how long can this be? Does it really ruin the left column spacing?
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Aug 11, 2011, 12:15 PM
 
Well they stopped making them sometime around '76, but they can still be legally ridden on the roads.
     
SSharon
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Aug 11, 2011, 12:22 PM
 
I'm impressed. I'm toying with the idea of building a new radiator cover and even that is intimidating me since I can't decide on a design.
AT&T iPhone 5S and 6; 13" MBP; MDD G4.
     
finboy
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Aug 11, 2011, 12:36 PM
 
Originally Posted by Laminar View Post
Well they stopped making them sometime around '76, but they can still be legally ridden on the roads.
I had a solid black 360 in high school. The transmission eventually sounded like a bag of cutlery at idle, but I got a lot of fun out of that bike. Gave it away (to a mechanic) because even with West Coast connections we couldn't find parts anywhere at the time.

Can you post an eBay link? I'm curious about what they're worth.
     
Laminar  (op)
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Location: Iowa, how long can this be? Does it really ruin the left column spacing?
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Aug 11, 2011, 02:45 PM
 
A bike in similar condition went for around $4500 a few weeks ago, I can only hope mine goes that high.

Kawasaki : H1 | eBay
     
ShortcutToMoncton
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Aug 11, 2011, 02:53 PM
 
Pretty killer stuff.
Mankind's only chance is to harness the power of stupid.
     
olePigeon
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Aug 11, 2011, 03:28 PM
 
Nice work.
"…I contend that we are both atheists. I just believe in one fewer god than
you do. When you understand why you dismiss all the other possible gods,
you will understand why I dismiss yours." - Stephen F. Roberts
     
brassplayersrock²
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Aug 11, 2011, 06:35 PM
 
and not a single strand of indoor carpeting in sight! Great restore job Laminar
     
turtle777
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Aug 11, 2011, 08:03 PM
 


-t
     
Railroader
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Aug 11, 2011, 08:09 PM
 
An impressive piece of work Laminar. Love the paint.
     
iMOTOR
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Aug 11, 2011, 11:39 PM
 
Did you have to hone the cylinders out on that motor?
     
brassplayersrock²
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Aug 12, 2011, 01:46 AM
 
Nice work Laminar How much of the
Winning bid: US $3,379.97

do you actually get?
     
finboy
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Aug 12, 2011, 02:16 AM
 
Originally Posted by Laminar View Post
A bike in similar condition went for around $4500 a few weeks ago, I can only hope mine goes that high.

Kawasaki : H1 | eBay
Thanks for posting the link. I'm sorry you didn't get what you expected, that bike looked brand new. I can see someone paying $4500 easily, I figured higher actually before I asked. You did a hellacious renovation on that thing, wow.
     
ShortcutToMoncton
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Aug 12, 2011, 08:33 AM
 
Yes, that was my sub-question (Jack Black hand maneuvre): how much would it cost to do that type of restoration? I just assumed this wasn't something that one would do to make money, but from quickly looking at the worklist and assuming you did a significant amount of that yourself, you'd certainly make a decent bit off it, correct?
Mankind's only chance is to harness the power of stupid.
     
Spheric Harlot
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Aug 12, 2011, 08:47 AM
 
Tangential question:

From the looks of it, you've got a couple other similar projects on the cooker.

In Germany, if you do stuff like this and sell via eBay with any regularity, the tax office will eventually take notice and assess whether it could be considered a part-time job, whose income then is, naturally, taxable.

Do similar regulations exist in the U.S.?
     
Laminar  (op)
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Location: Iowa, how long can this be? Does it really ruin the left column spacing?
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Aug 12, 2011, 08:53 AM
 
Originally Posted by brassplayersrock² View Post
Nice work Laminar How much of the
Winning bid: US $3,379.97

do you actually get?
eBay takes $125 of the final price, no listing fees or anything else were paid.

Originally Posted by iMOTOR View Post
Did you have to hone the cylinders out on that motor?
It was bored 2nd over and new Wossner pistons were installed.

Originally Posted by ShortcutToMoncton View Post
Yes, that was my sub-question (Jack Black hand maneuvre): how much would it cost to do that type of restoration? I just assumed this wasn't something that one would do to make money, but from quickly looking at the worklist and assuming you did a significant amount of that yourself, you'd certainly make a decent bit off it, correct?
I haven't tallied everything up, but I did just a little better than breaking even I think. The engine alone had well over $1000 in it.

Originally Posted by Spheric Harlot View Post
Tangential question:

From the looks of it, you've got a couple other similar projects on the cooker.

In Germany, if you do stuff like this and sell via eBay with any regularity, the tax office will eventually take notice and assess whether it could be considered a part-time job, whose income then is, naturally, taxable.

Do similar regulations exist in the U.S.?
Yes - if a hobby becomes a certain part of your income it's taxable.
     
ShortcutToMoncton
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Aug 12, 2011, 11:43 AM
 
Yeah, I wondered about the engine costs considered what was done. Definitely a great project though - and if you're not losing money and you like to do it, what more could you ask of from a hobby?
Mankind's only chance is to harness the power of stupid.
     
phantomdragonz
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Aug 12, 2011, 12:31 PM
 
Originally Posted by Laminar View Post
Yes - if a hobby becomes a certain part of your income it's taxable.

Its very common to not pay taxes though.

a good example are drug dealers/growers they can potentially make millions "under the table" and never pay taxes. Rarely do they get caught on tax evasion charges... although many famous mobsters were sent to jail not for their crimes, but tax evasion.

it's not something that is actively pursued by the tax collectors.


Great job on the bike! I would not be able to sell it after all that work. although I have flipped bikes but I only had a few hours of work in them. made a 350% profit on it too!
     
Rumor
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Location: on the verge of insanity
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Aug 12, 2011, 12:54 PM
 
Damn, I should bring my AC160 to your place.
I like my water with hops, malt, hops, yeast, and hops.
     
   
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