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Straight Cash, Homie.
Originally Posted by iEternalv
coundn't you technically claim you are a professional gambler...what do those guys get taxed? i dont know how that works, but if i ever got into dealing (which i wont) i would just say i won it gambling.
I'm your pusshhhhhhhhaaaa
Several people already explained this guess you didn't readOriginally Posted by Jagshemash
Here's my question. For example, how can you put a $75,000 car in the name of someone who makes $25,000 a year? Wouldn't this look a little strange to the IRS? How would the relative explain this?
Originally Posted by 703 Hwy
Leo never really told us how to go about it......still waiting, I need this M3 asap?
Yea, they been doin this type of s**t for a min. Its a dealership right around the corner from me that doesthis same type of business. My pops put me up to they game sometime back.Originally Posted by bmorekicks
Originally Posted by airkeung88
Originally Posted by JohnnyRedStorm
If you pay for a car with more than 10k cash it gets reported to the IRS
legit fact.......
Thats if the car dealer is stupid...if somebody pay straight cash, only a dummy would report it. There was an article in the paper a couple weeks ago where dealerships set it up now so once the drug dealer is locked up they get to take the car back
Originally Posted by eNPHAN
i had very bad credit, she helped me lease that whip...
helped me get the keys to that v dot six....
Originally Posted by eight2one
Originally Posted by eNPHAN
i had very bad credit, she helped me lease that whip...
helped me get the keys to that v dot six....
didnt he say he had A1 credit.
Originally Posted by eight2one
eNPHAN wrote:
i had very bad credit, she helped me lease that whip...
helped me get the keys to that v dot six....
ahhhhhhhh....I like that logicOriginally Posted by keiththekid1
only two types of hustlers that drive nice cars, dead ones and ones in a cell. Sorry to break it to guys....there is no flash in the drug game. No one will want to do business with you, you attract to much attention. Hiding money is easy, you put it in your house. No not literally in a safe in your house. But with upgrades. Put in a 30k kitchen, bam the value of your house just went up 30k. Sell it, pay capital gains tax which is 15% and you have legit money to buy a stupid expensive whip that is going to land you in jail.