So, I've got a couple hundred pounds of A356 aluminum that I've been hoarding for casting projects. One of my internships allowed me to haul off as much as I wanted from the scrap pile. I've got no documentation from any of this, though.
FMV I assume?
Yeah scrap aluminum price as of the day you got it.
Stampie said:as of the day you got it.
I gathered it over a range of time. I'll just average those days? (provided I can find the info, it was several years back at a minimum)
Edit: Looking at my Google Photos account it appears I picked this stuff up during March of 2016. Prices seem to be $0.38-0.48 for scrap aluminum at the time, but it isn't clear if that is a cast, cans, sheet, or something else. I'll keep digging.
If you got it for free, then it's free.
In reply to ckosacranoid :
Was it freely available to anyone?
In reply to Stampie :
Anyone that worked there, if they asked the right person and had a use for it more than selling it for scrap, yeah.
Just me but this is my example:
https://grassrootsmotorsports.com/forum/2000-challenge/fmv-my-dumpster-dive/186227/page1/
The dumpster was inside a controlled access gate. Anyone with access could have grabbed that stuff but I'd rather FMV it.
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