The Ford Barn

dean from bozeman · 10-26-2021, 10:12 PM

Cash and especially large sums of cash can make many folks do things that they will regret later.

A bunch of my college friends and I purchased some land. We held on to it for a few years and then put it up for sale. We were offered a crazy amount for it. Cash! They did ask for a receipt that said that they paid considerably less so they wouldn't need to pay taxes. Some in our group said 'Take the money and run'. However, dealing with laundered money means you can run but you can't hide. We said 'No thank you'.

If a person wants something of yours then the deal (in cash) is best done at a bank. If they really want it, they can wait until the bank opens.

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Now as far as those of you who are paranoid of big brother watching.......yes, we are!

10-26-2021, 10:12 PM	#16
dean from bozeman Senior Member Join Date: May 2010 Location: Bozeman, Montana Posts: 997	Re: Accepting cash for car sale Cash and especially large sums of cash can make many folks do things that they will regret later. A bunch of my college friends and I purchased some land. We held on to it for a few years and then put it up for sale. We were offered a crazy amount for it. Cash! They did ask for a receipt that said that they paid considerably less so they wouldn't need to pay taxes. Some in our group said 'Take the money and run'. However, dealing with laundered money means you can run but you can't hide. We said 'No thank you'. If a person wants something of yours then the deal (in cash) is best done at a bank. If they really want it, they can wait until the bank opens. __________________________________________________ ______________________ Now as far as those of you who are paranoid of big brother watching.......yes, we are!