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Reply to "paying cash for a car?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]A friend did that. Showed up with $40k in a backpack. Told the dealership they could keep the backpack. Boss move.[/quote] And the dealership filed an IRS Form 8300 about her because it was a cash transaction over $10,000.[/quote] And? Unless she’s laundering cash, so what? But carrying around that much in cash is beyond foolish. Police love to do seizure and civil forfeiture for stuff like this. [/quote]
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