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/biz/ - Business & Finance

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56566206 No.56566206 [Reply] [Original]

So I have some eth from 2015 when I used to mine it. I want to buy a house but I'm afraid the bank is going to ask me questions about where the money came from
Normies might associate it with drug money

>> No.56566247

>>56566206
slowly deposit it in amounts below whatever the threshold is where you live e.g. here its 9000 iirc if anyone asks questions you won it gambling (which is true)

>> No.56566267

>>56566247
Also hold it in the account for 6 months. They are concerned about it being clawed back in some capacity. 6 months is what my bank told me.

>> No.56566761

Just pay the 15% dane-geld and avoid the headache. Selling ETH isn't illegal, you'll just have to pay $1500 on $10,000 of gains in taxes.

>"We never pay any-one Dane-geld,
>No matter how trifling the cost;
>For the end of that game is >oppression and shame,
>And the nation that plays it is lost!"

Kipling is always wrong.

>> No.56566781

>>56566247
Structuring is illegal.

Just pay your taxes retard, what's so hard?

>> No.56567096

>>56566781
The part where you need to give away your money for no reason

>> No.56567396

>>56566206
I cashed out 250k two times.
My local small bank literally could not care less, i went to see bank manager before i even did it and they laughed, said they understood but it literally was no big deal.

>> No.56567424

>>56566781
>anon takes all the risk
>anon supplies all the investment
>the product invested has NOTHING to do with the government whatsoever
>the goverment is supposed to get a free handout for this.
Taxation on lottery gambling and investments is fucking theft.

>> No.56567592

>>56567096
Bro capital gains is 0% up to like 42k, 15% up to 400k and 20% after that

It's really not bad to just pay it and have peace of mind.

Also why don't you build up a portfolio of you don't want stocks buy short term bonds at 5% slowly moving your money over until you have enough for your purchase

>> No.56567614
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56567614

>>56566206
xmr