that first 50k...

tumorhead

tumorhead

Well-Known Member
I'd start a business. I used to buy/sell $5k-$30k worth of lumber for cash. It's not very good right now with housing crisis, but I would buy shit for $0.30/board foot and sell for more than a buck on places like sticktrade and woodweb. Could even have it kiln dried and custom milled for wide plank flooring for under $2/ft. I moved across the country and got burned a few times by "partners", but when I get $30k+ I'll ship a container out here and get back in it as a hobby cause I like wood/woodworking...

Do something you're passionate about.
 
bcguy01

bcguy01

Active Member
doesnt matter what you do if you get caught growing all of it gets frozen! my buddy grew had lots of cash opened a business and kept growing when he got caught growing they seized every possible assest. and he cant touch anything tell his trial is over! Rent everthing live low key and get out as soon as u are ready to go legit. dont do both at the same time and dont hide any money in the bank or your house cops will find it! keep all your cash far from your house and very secret! just keep on u what u need a month at a time. Just saying
 
The Red

The Red

Active Member
Step 1: know bad people. Step 2: I have no idea what I'm talking about lol. Pretty cool reading you guys' posts though.
 
noop

noop

Active Member
bcguy01 said:
doesnt matter what you do if you get caught growing all of it gets frozen! my buddy grew had lots of cash opened a business and kept growing when he got caught growing they seized every possible assest. and he cant touch anything tell his trial is over! Rent everthing live low key and get out as soon as u are ready to go legit. dont do both at the same time and dont hide any money in the bank or your house cops will find it! keep all your cash far from your house and very secret! just keep on u what u need a month at a time. Just saying
Click to expand...
THIS
Don't commit both crimes at once or you'll lose everything, wait until you're finished growing to start money laundering, for now just bury it in the woods or spend it on grow supplies. If you get caught growing then you've still got hidden cash and they can't prove you're money laundering unless you're making money from crime.
 
D

d3dm4n

Member
ricky6991 said:
I read on here about people trying to money launder and everyone always starts the answer with get a loan or something that you need credit to start with...

Hypothetically, you have 50k in cash. Unemployed and young so no credit. Never had bank account with large sum of money ect... where do you START?

Apply for EIN number and make up ton of fake jobs you did being self employed the past year? Would you still be able to put your cash into the buisness account at a bank before paying taxes that first yr?

Now-a-days you cant just go get a gas card or macys card to start credit either. Advice for this hypothetical situation?
Click to expand...
You do it the hood way... pm me I'll tell you about it...
 
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