If you had a shoebox with 250k in cash, How would you go about cleaning the money?

[Ghost Utmost]

I would think of starting a vending machine business . Maybe even create a business account. Vending machines deal with majority cash. It won’t happen over night.

Buy one with money from your normal bank account.

Buy the stuff to put in it, but unload that by selling to someone who can use it. Store owner or other vending machine owner.

Claim as.much per.day as an above average vending.machine would make.

Until you wash enough to buy more machines.

Keep it up til you can wash all the cash in a reasonable amount of time.

By then, you might want to actually.run the business after you finish the wash

 

[Scaaar]

When I went to Vegas this summer I spent quite a bit and I was told specifically by a dude when I was trying to buy chips to buy chips in increments of less than 10k. I wasn't going to do that anyway but I had a decent amount of cash on me to spend but he told me they have to fill out forms on you.

Anything over 10k in winnings you're getting taxed on

 

[Whore D'oeuvres]

I wouldn't. I'd use it for food, gas, furniture, ammo, random items over a couple of decades. I'd use it to save money I'd spend on regular stuff.

But if I had to go the clean up route probably an auto shop or barber shop.

 

[shopthatwrecks]

I would think of starting a vending machine business . Maybe even create a business account. Vending machines deal with majority cash. It won’t happen over night.

why do a vending machine when he can get his own atms

put em near the barbershop he goes too... add another one where his girls gets hair nails done

 

[Luken]

There's only so much you can do with the cash.

How would you go about getting that money cleaned

Need some suggestions

This is all hypothetically speaking of course

Example of shoebox, not mine at all
(heck I don't have one, this is all for a friend)

Check your dm.

 

[Peruvian Connect]

Find people who gamble and "buy" their winning tickets.

 

[EVILRICO]

why do a vending machine when he can get his own atms

put em near the barbershop he goes too... add another one where his girls gets hair nails done

Less of a paper trail.

 

[OfTheCross]

There's only so much you can do with the cash.

How would you go about getting that money cleaned

Need some suggestions

This is all hypothetically speaking of course

Example of shoebox, not mine at all
(heck I don't have one, this is all for a friend)

What you mean there's only so much you can do with money? What's the goal if not to spend it? If it's to save it just leave it in the shoebox

 

[OfTheCross]

Op what about buying cars from auctions or better yet, private sellers? For instance, you see a Mercedes for sale for $50k. Give the buyer $50k in cash, Then flip it


Then again that might not work either because irs might ask where you get the money to buy. Do the DMV report that?

You and the seller can agree on the price. You might've bought it for 50k but the receipt/title can say you bought it for 10k to avoid paying the taxes on 50k

 

[Dorian Breh]

Find success selling candles, art, and fabric at events.

This is an underrated comment

 

[OfTheCross]

Check your dm.

send me that info too

 

[Peruvian Connect]

Anything over 10k in winnings you're getting taxed on

if you don't have any income it doesn't really matter. And on sports your initial wager is taken into consideration.

 

[Prince.Skeletor]

I got the perfect way to clean it OP, if you are willing to do it

Landscaping!
Or Home renovations.
Get a team, pay them in cash, and you get paid via check.

/thread

 

[invincible1914]

I'm trying to clean it....Not lose it all my nikka

Buy chips. Then slowly cash the chips in.

 

[invincible1914]

Buy discounted gift cards and re-sell.