@mrquecarter: This podcast had too much free game😭 #credithack #credit #quecarter #freegame

Sergio Alonzo :

I did this 20 yrs ago at 24 when I was hustling and own a flooring business. Ran so much money in my account. I would deposit 12-16 k a month spend about 35% of it. Repeat repeat. Slowly I had 250k in my account. Yes I paid taxs on it fk. But not much then I borrowed money bc my “ business “ showed an average of 28k a month. So I borrowed 125k then 3 yrs later I borrowed 275k and bought a 4plex. Put money down fixed it pulled money out my equity.

Coach K :

Money laundering 101 😂

AJ :

Every time you do this, you owe the government 600 bucks

hiyetampbell :

Yes, and then the IRS audit you and you owe them more money than you’ve ever made in your life. 😂

. :

podcast equipment needs to be 3 trillion dollars

Nathaniel :

They need to put tariffs on podcast equipment

Kfin :

The math ain’t mathing

Mark :

Until u gotta pay tax’s

DrAfk :

You should watch the accountant with Ben Affleck.

Cory :

and the payment processor is getting about 5% off each transaction. nice.

travisbailey8501 :

Just creating taxable events daily

Milo drake maye :

Lemme see this income statement 😂

original_tboa :

Because the lenders are just computers now. We in a new gold rush fr. AI is a gold rush if you understand

Amarillo Slim :

Right it’ll “show” you have $60k revenue and $0 income and they won’t lend you more because you can’t pay back what you’ve already borrower

vvlv04 :

So fraud ?

Chuy Mora :

Listening to this activated an Audit on my taxes 🤣

DailyHustleTV :

Paying fictional taxes Jeesh ppl just be talking on a damn camera

T I M M Y :

Idk…sumn don’t sound right

Thomas Keeter :

Andy Rodriguez :

Fraud for misrepresentation, he would also use let’s say papal for those transactions, which he would pay a small fee for. He would also get taxed by PayPal with a 1099k as if he is really making tha kind of money. So he would be losing out and on top of that he would also owe the bank who lent him the money interest. This is a lose lose all the way around. Sure, you have a high income on paper, but you’ll get taxed, and won’t be able to get a loan based off of that bank statement loan.

Account Deleted :

The set back is taxes 😩

Boojee Memes :

define cooking the books

SmittyTheGoat-Clips :

Math is mathing 🧮🔢

kp :

🔥 I like this

Colin Can Help :

Minus processing fees and then his money is gone after enough repeats