[richiezc]

Apparently yes, I guess its no different from selling a home: https://www.investopedia.com/terms/p/personaluseproperty.asp....

"KEY TAKEAWAYS Personal use property is used for personal enjoyment as opposed to business or investment purposes. These may include personally-owned cars, homes, appliances, apparel, food items, and so on."

"Technically, the Internal Revenue Service (IRS) considers personal use property a capital asset and treats it differently than other types of property or assets.2 Taxpayers cannot deduct losses on the sale of personal use property, while a gain on the sale of such property is subject to taxation.3"