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What business should I start with $20k-$30k?

  1. #21
    Speedy Parker Black Hole [my absentmindedly lachrymatory gazania]
    Originally posted by mmQ Not if you charge $12,000 a hotdog.

    That is too stupid
  2. #22
    It's actually smart as shit. Just think about it
  3. #23
    Speedy Parker Black Hole [my absentmindedly lachrymatory gazania]
    Originally posted by I Live In Your Crawlspace Secretly4 It's actually smart as shit. Just think about it

    you are too stupid
  4. #24
    Nil African Astronaut [the overexcited four-footed chanar]
    Bitcoin? Mine a basket of privacy focused altcoins at least.
  5. #25
    Food truck
  6. #26
    Originally posted by Misterigh I am actually thinking about maybe getting one of those card swippers for my phone and starting a bogus business and just using my gift cards to pay myself. Seems like it will likely trigger IRS.

    Yeah a business with 100% of payments made in prepaid visa gift cards that’s not suspicious at all
  7. #27
    Misterigh Houston
    Originally posted by Fox Yeah a business with 100% of payments made in prepaid visa gift cards that’s not suspicious at all

    Yeah...

    Maybe I could use them for entertainment.
  8. #28
    mmQ Lisa Turtle
    Originally posted by Speedy Parker That is too stupid

    Ok . Buy one get one free then.
  9. #29
    Originally posted by Fox Yeah a business with 100% of payments made in prepaid visa gift cards that’s not suspicious at all

    What is that illegal or something? pussy
  10. #30
    Originally posted by the man who put it in my hood What is that illegal or something? pussy

    The reason to create a front company here would be to launder the illegally obtained money, not broadcast directly to the IRS that you are a criminal. Grow up
  11. #31
    If you are paying taxes from your legal business with legal revenue I don't see the issue. It's not like the government has instant access to your sales breakdown in terms of cash vs debit. Don't visa gift cards go through debit machines? It should just look like you are getting money through debit which is not suspicious at all.
  12. #32
    You are fucking retarded if you think you can have a “legit” business that reports to the IRS and everything, whose only activity is doing absolutely nothing in return for over $30,000 in prepaid Visa card payments. You will go to prison
  13. #33
    mmQ Lisa Turtle
    I really want 30k in prepaid cards. I know exactly how I would cash them out.
  14. #34
    Where on the tax return form for businesses does it ask you to specify your breakdown of payment methods? Also it wouldn't be doing nothing. Just buy a food truck and make fake orders all day mixed wih real ones, and push cash app, venmo, apple pay and bitcoin.
  15. #35
    Speedy Parker Black Hole [my absentmindedly lachrymatory gazania]
    Originally posted by the man who put it in my hood Where on the tax return form for businesses does it ask you to specify your breakdown of payment methods? Also it wouldn't be doing nothing. Just buy a food truck and make fake orders all day mixed wih real ones, and push cash app, venmo, apple pay and bitcoin.

    A used food truck will run you at least 20K.
  16. #36
    open a william Bill Krozbyy dogs stand
  17. #37
    stl1 Cum Lickin' Fagit
    Live as much as you can off of the gift cards while saving your salary and collecting interest until you have enough saved to put in a higher yielding investment. All completely legit, just not immediate. Good things come to those who wait.
    The following users say it would be alright if the author of this post didn't die in a fire!
  18. #38
    You can buy bitcoin with gift cards lol
  19. #39
    Ajax African Astronaut [rumor the placative aphakia]
    Throw it in an index fund and forget about it. 30 years later, at a 10% average annual rate of return (average of the S&P 500), you’ll have close to $600,000. Tack on another decade and you’ll have $1.6 million. That’s if you never add another dime to it.
  20. #40
    Ajax African Astronaut [rumor the placative aphakia]
    To expand on that, don’t start a business just to make money or you will be disappointed. Start with a hobby or passion and play to your strengths. Take something you’re good at or like to do and figure out how to monetize it and get clients. Once you’re ready to fund your business, take it out of the index fund mentioned above.
    The following users say it would be alright if the author of this post didn't die in a fire!
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