Jow Forums help me launder money.
I have about $80,000 in cash (actual cash in a safe) that I earned working under table for last 16 years.
I have recently graduated and landed my first salaried job. I'd like to buy a house but I'm not sure how to use the cash without getting flagged by IRS.
Any ideas?
@FBI
Nonononono
If you have relatives that have $80k get gift money for down payment from them. Then give them cash where they can slowly deposit it in chunks under $10k (IRS reporting threshold).
lul i hope you are behind 8 proxies and 10 vpns. if not, enjoy getting v&
Depending on your country you can self-report and get off without jailtime by simply paying your tax in retrospect.
enjoy!
If they are in 100’s just deposit into account slowly over time at random intervals and times. If they are in 20’s 10’s or 5’s lol get fucked. Go to a casino and gamble it.
But you should pay your fucking taxes asshole.
The IRS isn't just going to miss a phantom 80k popping out of nowhere. Pay your taxes on it. Avoid jail for money laundering. Avoid fines and possible jail for tax evasion.
Localbitcoins
Just deposit 1-2k per month into your regular bank account. Its only a years worth of salary. 800k would be a different story.
Better clean that room Jansen.
Agent Jackson will be arriving shortly.
How feasible is this? Can anyone confirm this works?
>thinks IRS can find measly $80K in structured deposits
Keep drinking the koolaid normie.
What does the denomination of the bills have anything to do with it retard?
Look dude, if you are going to not self-report, which you should.
At least be smart. Use your cash to pay all your groceries and so on for a few years and save your legit money that way.
>structured deposits
>literally a pattern of activity that they are trained to spot
Be good or be good at it. In your case I suggest that you be good.
Heh, the noob launderers.
Tellers at casinos and banks are trained to spot low demonition bills in poor condition as they are typically used to dealing drugs. They will flag your account if you try to deposit or exchange a large quantity of low denomination and poor quality bills.
yeah this is a correct answer
You can't convert easily 80k into a house
For 80k
You should just pay the taxes and be done.
If you get caught I could be jail time for tax evasion laundering money and other things
Now you have no money no job in jail have to pay court and fines and penalties
Not worth the 80k you got
>I have recently graduated and landed my first salaried job. I'd like to buy a house but I'm not sure how to use the cash without getting flagged by IRS.
This is called "Structured" deposits - illegal and will get you flagged.
To do this right - you would need to find someone from another country who wouldn't be exposed & could deposit the money tax free then forward it to you as a gift.
Find someone you trust to buy the home for you. Ideally someone wealthy. Then give them the cash for threir part. You can owe them the remaining balance on the home then they could set up a loan between you for that amount.
Then they can spend the cash at will on items like jewelry etc..
Gonna need to give this person 10k to make it worth their while
This is what I had in mind but wasn't sure how safe it is.
Idk what your next step would be but you could locally convert to bitcoin or Monroe via LBC or craigslist
>Giving someone 12.5% when uncle Sam will only take 10
if you're serious i can help you but i'll take a cut
I have a company that has branches in 3 different countries. you will still need to pay tax (0.5 - max 1.5%) and i'll charge 5% for this scheme. research for yourself if its worth it.
spooks
Probably. Nobody reputable takes less than 10% and that's if they know you.
you should just deposit it into your bank account user I'm sure it will be fine
OP. not sure if you are stupid for thinking the gov cannot track you down. Otherwise you are the FEDS snififing for ways to catch people who are suspected of laundering with the use of crypto.
nobody tipped the fbi yet?
?
i don't mind helping someone out. its only 80K that's peanuts. charging 10% is overkill. I'm a fair guy.
80K is a bit much to deposit without a source