NFT Purchase
Non-fungible tokens (NFT) are intangible personal property.  The IRS notes cryptocurrency is property.  In most states personal property is subject to sales tax when purchased.  If you purchase the NFT from a vendor in a different state or country they may not be required to withhold sales tax on your purchase because they are not registered in your state as a business.  Use tax is the tax you owe typically on your personal state tax return when you did not orginally get charged sales tax on your original purchase.  When vendors reach a certain level of sales they are required to report all sales in a state even if they are not registered in that state.  NFT services like Open Seas may start to report this information to your state.  

Legally avoiding Sales Tax on NFT Purchases
If you are a resaler and typically buy and sell NFT's you can avoid your states sales tax on the original purchase of NFT's by obtaining a resalers license in your state.  You will be required to collect and remit sales tax on sales to customers in your state.

Verify this information for your situation
This blog is not tax advice so please check with your accountant and your state to determine the sales tax situation for your NFT purchase.  NFT and crypto taxes are still an emerging area for the taxing authorities so changes will continue to happen over time in this emerging industry.  Failure to comply with existing tax law can cause major problems for you in the future so ignoring issues like sales tax on NFT's could become a big problem for you in the future.  

Below are the current prices of the two different tokens that Pegaxy uses, and some more info regarding rentals and prices. They use PGX as well as VIS, with VIS being the main currency that is given to users for placing top 3 in the races. Its important to note that these prices are constantly changing and that at any time these can increase, or decrease. These are currently almost the lowest these coins have been in the last 3 months, and at one point VIS was up to $0.20 per coin, turning daily revenue from about $10, to over $80. Now of course this made the price of rentals more, but all in all it would still net a profit since the two prices of Pega rentals and purchasing fluctuates accordingly with the price of VIS. Below is the chart I made using actual data of a few rentals I had done combined to get a good average of them. This excel file can be used to see how long it would take to make back your money, whether it be through a rental or purchase of a Pega. Racing the Pega's doesn't take too long either, and doesn't require any kind of "skill" or practice, its just some button presses and verification through MetaMask, and then the race starts, with the top 3 being randomly assigned. Each Pega has 25 energy, and each race uses 1 energy, with the Pega regenerating 1 energy every hour. Its typically a good practice to continually race the Pega and not let it recharge over 10 energy to prevent it from ever maxing out on energy.

While it is profitable to rent a Pega daily and race it, its a miniscule amount of profit currently, but if someone was hoping to stockpile some VIS and the price to then go up, it could be a good option. A good option currently though if looking to get into this investment would be to purchase one at this price, and then continually race it daily to build up VIS, upon which you could either liquidate it and make back your investment after roughly 40 days or so, or you could continue to accrue VIS and hope that the price goes up. 

Pegaxy is run by a small team of developers that are looking to make this a long-term game. Currently in the works is a 3D racing program to make it more appealing to larger audiences, and making it feel and act more like a "game". They also have a mobile game being released in the future, which once out could drastically raise the prices of VIS and of PGX. With the introduction of a mobile game, it would make the racing, trading and renting of Pega's all that much easier and accessible for anyone to do almost anywhere. This in turn I believe will increase the appeal of the game, and the larger the player base grows, the more the Pega's will be worth, and the more the token prices will rise.