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#1
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could i get busted for purchasing a house or expensive car with my unclaimed money i earn by selling my cannabis?
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#2
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ya u can ez 2. buy a apartment so they can only take that from u, also every 5 grad r so stash in the woods r something, cuz u will get caught so when u do get out, led a "straight life" with a fortune u have saved, comes in handy for lawyers 2, n as for cars buy used ones, ppl my think thats lame but a 1993 chevy 454 isnt, muscle cars fall into that group to
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#5
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Quote:
i dont know exactly what im calling Bullshit on...but im calling it. i dont think someone with the smarts to make the kind of money it takes to buy a house, needs to ask such a rediculous question. any transaction over 10K must be reported to the IRS. |
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#7
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as a contractor im under the impression that i have to claim any money i make over $499. as the son of a bank teller i know that any deposits 10K or more must be reported and suspicious transactions 5K or more can be reported. |
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#8
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Quote:
yeah im one too, really that low of money has to be reported?
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#9
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yeah about--- that there a laws on deposits see BSA bank secrecy act also see money laundering as that is what they call it at the bank as well as when they fill out SAR suspicious activity report (with safe harbor)
If you deposit money in one day no matter how many different branches if it adds up to 10k or more or lets say 7000 day for a window washer.... the SAR is filled out. I know I work at a bank. You need to straw purchase it with a legit buyer and have them add you to title after close then take them off title later. But in an audit situation you will have to justify your means. Even the Cayman Islands are working with the US FEDs as well as few other treaties are being formed. The best way to park your non taxable income is for you to create a corporation with a canadian Attorney with a fictitious name so even in an audit situation your name does not flag the corp name. then you can park your money in that institution and have it out of reach, or at least not easy to track down. Not an attorney but that is what they make me learn in my meetings..... Then you have to deal with inbound wires unless they offer a credit card/ debit card you can access funds with. Now where is the start a thread button G"D'it ???
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#10
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if its a check
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| Tags |
| busted, buy, cost, high, house, item, profit |
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