[Shoe]

Almost every satellite i know of online is non-transferrable (for your first win).

For example, what if you win a Stars PCA seat? Obviously, the 1k cash you get is taxable immediately, but when would the free hotel room be taxable? Now or next year, and how do you determine the value of it?

I would think that since the seat is non-transferrable, the same rules would apply -- not taxable unless you cash in the tournament. Or would you need to claim the seat as a loss next year? And if you claim it as a win this year, could you even claim it as a loss next year since the win/loss took place in seperate years?

Unfortunately, this won't be an issue for me as I don't think i'm going to try for this tourney.