Hey /biz/ Hypothetically speaking if I had 5 friends gift me

Obviously.

>>1924909

And after each friend signed some kind of form saying they gift me this money for the sole purpose of me buying a home, would further questions be asked?

>>1924912
Yeah, they would probably ask "Why are you giving me a bunch of fucking notes from your friends?"

>>1924908
>what are seasoned assets

>>1924937

Well that was not very insightful.

>>1924938

However this was, so it seems little by little into the bank is the way to go, shoulda coulda woulda years ago but starting now would be the time to let it trickle in

>>1924942
>shoulda coulda woulda years ago but starting now would be the time to let it trickle in
they can all gift you at once, the deposit just needs to sit for AT LEAST 30 DAYS is all.

The longer it sits in your account the fewer questions are asked.

>>1924908
Are your friends really gifting you money, or is it a loan? Be honest OP. The Jews deserve their share.

>>1924963

Right but it would be a single deposit of 50k cash which would involve immediate reporting.

Even if it sat there for the 30 or 60 days a lender would want, wouldn't that much money throw up some red flags and get me looked at?

Say for instance all the money from my friends is just mattress money that they have saved over years in cash from small things here and there like a win at a casino or selling something on craigslist so none of them can really give a paper trail of where the gifted money came from.

>>1924964
>Be honest OP.
It's usually illegal in the US to borrow a down payment.

>>1924965
after 30 days the $ has a new paper trail-
your account.

beyond that they don't much care where it came from.

>>1924967
And what are the consequences if you're caught and already acquired a home?

>>1924965
to avoid laundering charges you'd want your friends to be willing to testify though.

the IRS and your bank may be ok but the FBI might get curious.

>>1924964
>>1924969


Well I am still speaking hypothetically but what if the money was all mine, however it is just cash I have saved over yeaaars of working as a bartender and it was unreported income

At the moment I officially make just over 30k gross so in this situation I would not want to get put in fucking prison for all this so I was wondering if people I knew who would have no problem doing so said they were gifting me this money would I be good to go or would I get al caponed

>>1924971
fraud charges, prison, bankruptcy, foreclosure.

>>1924975
it probably depends on whether or not you're posting from a proxy right now and don't mind shredding the device you're posting from.

you're talking felony tax evasion after all. Conspiracy, fraud.

>>1924981

Like I said it is only a hypothetical.

Like how do drug dealers and stuff get their hands on huge ass houses and stuff without reporting their income? Or what does someone do with money they have just saved up and have a lot of?

I would pay taxes on it I just do not want to get fucked in the ass, I do not know if it is possible to pay taxes on mattress money

>>1924985
Oh shit you said hypothetically! Alright let's go Johnson we can't get him now. Have you heard of money laundering? That's how drug dealers have huge houses.

>>1924985
>how do drug dealers and stuff get their hands on huge ass houses and stuff without reporting their income
I could tell you but I'd risk prison for the kindness.
> I do not know if it is possible to pay taxes on mattress money
of course it is.
you think the IRS is going to say, "no, we don't want your money?"

you just file an amended return and claim your income. Pay taxes, interest and penalties on it.
Yes, they're going to rape you for lying.

>>1924986
Lol. If anyone brings up money laundering in university finance courses, then the FBI storms in the class and arrests everyone.

>>1924989
irl you shouldn't get into university if you're not smart enough to work it out on your own.

>>1924988

What kind of form do I fill out to say hey I have thousands of dollars in cash that has just been saved up for years since I pay for most everything using a credit card and let the cash I ever get just sit there?

I mean do I just pay the taxes on the 50k and say oops? Then walk away with less than 50k but a clean record?

>>1924993
>What kind of form do I fill out
amended return for tax year (whatever years you made the dosh)
>Then walk away with less than 50k but a clean record?
they don't (usually) put you in prison for coming clean.

>>1924995

But how do you go about doing that for income that has been accruing for over a decade? It is not like I remember what years I got lucky at a casino, sold a vehicle or other crap on craigslist, won a bet from a friend etc

>>1924997
the easiest way is to call the IRS and ask them.

some helpful lady named LawShawnda will help you estimate when you gained cash and how much you owe. Then LawShawnda will help you work out a payment plan and submit your first payment and the next 347 payments after.

desu your first plan would probably work. I just don't personally do fraud because I have more to lose.

>>1924991
What does that have to do with anything. The point is you can't get arrested for knowing how to money launder. You can only get arrested for money laundering.

>>1924985
Drug dealers open cash businesses as a front and fake income from said cash businesses so they can pay income tax on their dirty money which then makes it clean, they don't avoid tax they just have enough profits that they are actually trying to pay tax on their money to make it seem that it has come from a legitimate business

>>1925001
>You can only get arrested for money laundering.

or telling someone how to money launder if they then proceed to money launder. That's also a crime. In your fantasy the prof would be arrested along with the student if someone took his advice.

>>1925003

Making say an extra 3k a month in tips probably is not enough to bother opening a fake business to launder it all I would imagine

>>1925005
Absolutely ludicrous law, if true.

>>1924967
>It's usually illegal in the US to borrow a down payment.
It's not illegal, it's just universally against bank lending practices. It not only impairs the creditworthiness of the mortgagee (having more loans to pay back is bad), it also create potential competing mortgages on the property. You won't go to jail for it, but you will default on your mortgage if you try to sneak it by.

>>1925001
take this faggot for example:
>>1925003
He hasn't committed a crime.

but if OP takes his advice and launders money his stupid ass can go to prison too.

teaching people to steal has it's own risks

>>1925010
>you will default on your mortgage if you try to sneak it by
my banker said it's fraud (Colorado). Lying on a loan application.

I have no idea if that's true or not, I've never tried it.

>>1925011
So they can arrest the cast and crew of The Wire?

>>1925014
them and all of Wikipedia!

the law isn't fair or just. You don't want to be on the wrong side of it. Wikipedia does things that would land me in prison.

>>1925013
>my banker said it's fraud (Colorado). Lying on a loan application.
Civil fraud, not criminal. And obviously that hinges on whether you made an untrue statement on the loan forms.

Also, your statements about criminal complicity are ridiculous overbroad and mostly untrue. In order to be criminally culpable for teaching someone something that aids in the commission of a crime, you have to have actual or constructive knowledge that they intend to use that information to commit a crime. We don't put people in jail for thought crimes, only actual crimes.

>>1925015
>Wikipedia does things that would land me in prison.
Just stop. You sound like a moron.

>>1925011
Laundering money implies you are going to pay tax to legitimize the money while OP is trying to avoid taxes. Laundering legal money that's been taxed before being recieved and will be taxed again after is just pointless.

>>1925018
That's a good point. We should be talking about tax evasion, not money laundering.

>>1925024
>We should be talking about tax evasion
It's not even tax evasion, under OP's original post. The recipient of a gift owes no tax. It's the donor, not the donee, that owes tax (if any).

Now unless OP's friends happen to have already used up their $5 million lifetime gift exemption, they'd owe no tax. There's also no need for the friends to file gift tax returns since the amount ($10K) is under the $14,000 threshold.

tl;dr not illegal, no taxes, IRS doesn't care

But you will have to tell your bank and likely you'll have to provide a gift affidavit from your friend proving that the money was a gift not a loan.

>>1925017
the problem is the jury.

If OP launders money based on advice from anon the jury would decide if someone helped him.

I have the ability to advise OP in money laundering or tax evasion so a jury might indeed find me guilty of conspiring. Wikipedia and others have no such personal interest in OP.

>>1925030
Yeah but what if the gift is actually a loan (which it is, let's be honest). This is not a finance and law question, this is an ethical question.

>>1925030
Turns out this thread had no reason for existing. Thanks friend.

>>1925037
>this is an ethical question.
except if OP claims it as a loan he won't get the bank loan.

>>1925040
Of course. He will have to be deceitful and corrupt his soul. Is it worth it?

>>1925035
For a conspiracy charge I would have to do more than just explain how drug dealers launder money. I would have to aid OP in his endeavor and there would have to communication records as well as actual evidence of """"both""" of us attempting or actually carrying out our very specific plans. E.g if I told OP he should buy knee pads and suck dicks to get rich I don't think I would get conspiracy to commit prostitution, however if me and OP have text messages lining up clients and they have receipts of OP buying knee pads then they would maybe have something, you guys are paranoid for no reason.

>>1925043
and my argument is no.

It's easier and less risky to pay taxes on your income and get credit for it.

>>1925035
>the problem is the jury
Friend, I know you mean well, but just stop, One of us has a law degree and one of doesn't. Maybe the one without the law degree should stop giving bad legal advice?

>>1925037
>Yeah but what if the gift is actually a loan (which it is, let's be honest). This is not a finance and law question, this is an ethical question.
First, no issues with the IRS. The only tax issue is whether the friends charge a market rate of interest. If not, the spread would be considered a gift. But this isn't really the problem here...

If it's actually a loan, then OP is going to be hot water with the bank. He'll have signed papers saying it was a gift, and that he received no loans. If these are lies, then he's in default on his mortgage and that could go sideways fast.

Or not. If the mortgage gets paid on time, the bank may never know.

>>1925044
In a perfect world you're right.

this isn't a perfect world. You'll be judged by 12 of your peers and one judge. Historically individuals don't fare well under that construct.

there is nothing to gain and much to lose by telling OP how to build a pipe bomb, rob a bank, or evade taxes.

>>1925047
>One of us has a law degree and one of doesn't
fuck off Matt.

you're all of 16 years old, live in a car, and make /biz/ videos for a living.

>>1925047
So if the money from friends, he intends to pay back, but at no interest, then it is considered a gift and not a loan? And the bank would be okay or not with this?

Thanks for the info

>>1925047

Nice time on that post

So if each friend were to sign a document saying it is a gift with no expectation of being paid back, and they each gave me 10 grand in cold hard cash... no one is going to give a shit or ask them where it came from after I made the 50k deposit in my bank account?

>>1925047
Can you tell me the difference between a C corp and LLC

>>1925061
kek'd again

>>1925061
Has to do with wearing veils and getting piercings.

>>1925050
The funny part is, money laundering isn't tax evasion. I've said to OP how drug dealers operate. I haven't told him what he should or shouldn't do. But this whole thread is pointless as pointed out by
>>1925030

There are boards on the interwebs with ""much"" less anonymity that teach you how to commit fraud for shit like beverages or headphones.

>>1925064
>money laundering isn't tax evasion
indeed.

both answer OP's question and both are felonies.

the obvious answer is pay your fucking taxes and get loans without fraud, money laundering, or tax evasion.

>>1925044
>For a conspiracy charge
It's complicity, not conspiracy. Also known as "aiding and abetting."

Conspiracy is an agreement between two or more people to commit a crime. Similar, I guess, but different.

>>1925050
>You'll be judged by 12 of your peers
What about the states that don't have 12 member juries, kid? What about the civil trials without juries? Just stop talking about thing that are way beyond your knowledge.

>>1925054
>So if the money from friends, he intends to pay back, but at no interest, then it is considered a gift and not a loan?
Complex question, honestly. To keep it simple, at law, it'd be considered a valid loan. However to the IRS, it's probably a loan, but the friend's failure to collect a market rate of interest would be considered a gift. So if the loan *should* have accrued $1200 interest (for example) and OP only pays back the $10K original amount, then the friend is considered to have gifted OP $1200.

>>1925059
>So if each friend were to sign a document saying it is a gift with no expectation of being paid back, and they each gave me 10 grand in cold hard cash... no one is going to give a shit or ask them where it came from after I made the 50k deposit in my bank account?
The bank will want to know, because the bank will want to confirm for themselves that it's truly a gift not a loan. They may ask the friends to sign a form document called a "gift affidavit" that legal binds them to never recollect the money from you. And/or they may require that the money sit in your account for some period of time, to prove that its really your funds and not some temporary bamboozle.

Also, while it *shouldn't* prevent you from getting the mortgage if you're up front about it with the bank, it doesn't look good from an underwriting perspective. If your creditworthiness is marginal, not being able to come up with your own deposit from your own salary/wages looks bad.

>>1925071
>What about the civil trials without juries?
not really a problem with the IRS, FBI, or your local police force.

banks aren't going to bring civil suit when you've broken the law. That's a criminal matter.

>>1925076
>FBI
So now the FBI gets involved in mortgage applications? LOL. Funny stuff, junior.

>>1925076
>banks aren't going to bring civil suit when you've broken the law
1. They're going to bring a civil suit against you when they don't get repaid, which is the only time any of this matters anyway. Duh.

2. Exactly what law is being broken in OP's hypothetical? Go ahead and cite it. I'll wait.

>>1925071

It is not about the loan itself I have enough proof of income to show I can make payments it is more just making sure I have a big enough down payment to avoid a much higher interest rate or some sort of awful loan insurance that I would be paying on top of everything else

>>1925079
>Go ahead and cite it. I'll wait.
every single state and municipality has a fraud law on the books. I can't cite millions of laws that say the same thing.

>>1925071
>To keep it simple, at law, it'd be considered a valid loan
So how would banks view this? Would he have to lie and just say the money is a gift and isn't going to be paid back?

>>1925081
unless you want to argue that what OP proposes isn't criminal fraud?

I'll wait....

>>1925083
Trust me, you're not the first person to borrow a portion of their down payment. It happens all the time. Unlike what that other faggot keeps saying, this isn't a crime and the FBI isn't going to knock down your door.

Be careful about the advice you listen to on the internet, especially on legal matters. There's lots of kooks who give shitty advice based on too many episodes of Law and Order.

>>1925087
>this isn't a crime
it's fraud. and tax evasion.
>the FBI isn't going to knock down your door
true. Op is unlikely to get caught.

>>1925087
>this isn't a crime
Still, there is red tape surrounding it, right? Does the OP have to weasel around with his words?

>>1925093
>Does the OP have to weasel around with his words?
he does.

that's where it becomes loan fraud.

if he went in and said he evaded taxes it wouldn't be fraud.

>Gee guise, I wonder if dumping 50K cash into a checking account will throw up red flags
>p-please advices kthx
This thread is like the plot for those shitty shows late on night on local TV. We'll call this one Worlds Dumbest Criminals Vol. 3: Internet Autism

>>1925086
>unless you want to argue that what OP proposes isn't criminal fraud?
>I'll wait....
It's not. Dumbass.

>>1925085
>Would he have to lie and just say the money is a gift and isn't going to be paid back?
You're assuming something not in the OP, which is that it's actually a bunch of loans and OP is going to lie about it. He doesn't say that.

But if they are actually loans then he's not going to get a mortgage. No bank will give a residential mortgage if any portion of the purchase price is borrowed funds.

Or he can lie about it and risk the consequences.

>>>1925089
>>this isn't a crime
>it's fraud. and tax evasion.
No it's not. I've already explain why both these statement are false. Go read the thread, kid.

>>1925093
>Does the OP have to weasel around with his words?
No. If his friends gift him the money, then there are forms that need to signed and disclosures that have to be made,

People do this every day, for hundreds of years. Usually the loans come from family members (parents often help their children with the down payment), but a loan is a loan.

The other anon is just showboating for attention. There's no crimes, no tax issues, and no FBI raids. Think about it.

>>1925102
>It's not. Dumbass.
lying on your loan application about where you got your down payment isn't loan fraud?

you're a hell of a lawyer.

>>1925103
>lying on your loan application about where you got your down payment isn't loan fraud?
Show me where OP said he was going to lie on his loan application, retard...

I'll wait ....

>>1925102
>If his friends gift him the money
he said that's not true.

>>1925102

Well in my hypothetical scenario above I said the money would be mine and I would be just using my friends to be the buffer, they would sign forms saying that they each gave me an amount as a gift with no expectation on return. Then I put the money which was mine anyway in the bank with the forms showing it is a gift.

Would the irs not be curious how each freind had 10k in cash to just gift to me? And go ask them questions?

I think that would be the part everyone is hung up on

>>1925105
>Show me where OP said he was going to lie on his loan application, retard...
>>1924975
>however it is just cash I have saved over yeaaars of working as a bartender and it was unreported income

>>1925108
>Would the irs not be curious how each freind had 10k in cash to just gift to me? And go ask them questions?
your bank would be curious if anyone was.

>>1925102
Right. OP never says it. But I think it's clear, by reading between the lines, that getting $10k from 5 friends means he intends to pay them back. And he wants to keep his mouth closed about it.

>>1925113
>Right. OP never says it
>>1925110

>>1925106
No he didn't, faggot.

>>1924908 (OP)
>if I had 5 friends gift me 10k cash
>>1924912 (OP)
>each friend signed some kind of form saying they gift me this money

He specifically says -- TWICE -- that its a gift. In two separate posts he reiterates that its a GIFT, not a loan.

See, when you're a lawyer, you learn to actually READ what people write. The details are important.

This is why people like you should never give legal advice. You're functionally retarded.


>>1925113
>But I think it's clear, by reading between the lines, that getting $10k from 5 friends means he intends to pay them back
You're making assumptions that run contrary to OP's actual statements. Regardless, I've already explained what would happen if OP is lying about this. At this point, I think I've covered the bases.

>>1925118
>No he didn't, faggot
"hypothetically"

which won't stand in court and we both know it.

not that it matters, OP won't get his loan taking your advice anyways. Because his "friends" aren't going to risk prison or an IRS audit over his shit or yours.

>>1925108
Are you implying the 10k loaned to you by your friends hasn't been taxed upon them receiving that money?

>>1925118
There's nothing wrong with making assumptions, and creating a new hypothetical situation. This isn't a court case. I am just curious.

>>1925119
>"hypothetically"
As in "it hasn't happened yet but if we do it this way what are the consequences?"

Do you know what the word "hypothetically" means? Protip: it doesn't mean "change the meaning of the words." Dumbass.

>>1925108
Rereading this post I see what you're doing now, however I can tell you just to imagine being in your friends shoes in your plot and you will see it just won't work.

>>1925118
Yeah you learn to read. And you also learn to be willfully blind to unstated things that you know are likely true. Thanks for the info though.

>>1925124
>"it hasn't happened yet but if we do it this way what are the consequences?"
exactly right.

but when it does happen op spends a year in prison and is a convicted felon for live and you get to keep on pretending to be a lawyer.

>>1925121
>There's nothing wrong with making assumptions, and creating a new hypothetical situation. This isn't a court case. I am just curious
And that's why I didn't insult you, and answered your questions to the best of my ability. Nothing wrong with being curious.

I never have a problem with people asking legal questions. It's only the morons who try to give legal advice about subjects when they're clearly ignorant that cause issues.

>>1925125

In this hypothetical they would be fully on board to sign the papers but I suppose it may not be worth the trouble no matter how much I want said house.

>>1925130
>It's only the morons who try to give legal advice about subjects when they're clearly ignorant that cause issues.
lying on your loan ap about where you got your down payment isn't fraud?

say it isn't, mr. lawyer.

>>1925128
According to you, it's illegal for me to give advice over the internet. Also, I seem to recall that you claimed that I was your lawyer.

Freak.

>>1925135
>it's illegal for me to give advice over the internet.
not illegal, just civil liability. As you yourself say.

they'd have to find you to sue you though.
I can probably help with that.

>>1925133
And once again, you move the goalposts to claim some strawman argument that OP never made. Your posts belong in the trash.

You know a lot about trash, don't you Mr. Janitorfag? Isn't it time for your wife's pre-pre breakfast? Or are she and kids on one of your lavish vacations to Cracker Barrell?

>>1925145
>some strawman
see
>>1925110

OP said he was going to commit fraud.
I'm not going to insult you for missing that.
I don't expect you to read the entire thread.

>>1925145
>lavish vacations to Cracker Barrell?
We're still booked for Cabo in a couple weeks.

I'll post pics just for you.

File: 1489565913615.jpg (280KB, 721x1101px) Image search: [Google]

280KB, 721x1101px

>>1925150
>OP said he was going to commit fraud.
No he didn't. He said the exact opposite. Show your wife the thread and ask her. She looks like the lawyerly type.

>>1925150
This is true. OP said:

>The money is under-the-table mattress money
>Give to friends
>Friends gift it to him
>Now he has legit money

>>1925153
>He said the exact opposite.
you know people can read the thread, right?

>>1925132
The issue is that, what would you do if you ""anonymously"" recieved 10k. There would be questions of where the money came from and the government would want their piece.


Protip: if they don't deposit the money and it's all in cash spent for living expenses like food etc

>>1925153
I love my wife and I love it when you post her face.

it's not an insult. I adore that girl.
just like I adore my kids that you love to call retarded.

carry on, private.

>>1925155
Are the other anon samefagging? Because you're turning into a massive retard.

>>1925155
>The money is under-the-table mattress money

Cute, except OP never said that, asshole. He ACTUALLY said:

>just mattress money that they have saved over years in cash from small things here and there like a win at a casino or selling something on craigslist

Now unless winning money in a casino or selling things on Craiglist is suddenly illegal, you can fuck right off.

I'm out. Between having to look at that picture and the current level of discourse in this thread, I'm nauseated.

>>1925163
>Now unless winning money in a casino or selling things on Craiglist is suddenly illegal, you can fuck right off.
he said unreported income from bartending.
>Between having to look at that picture and the current level of discourse in this thread, I'm nauseated.
the picture of my wife you saved on your computer and posted itt?

kek.
if it nauseates you don't post it, jackass!
you are seriously retarded.

>>1925163
Defensive lawyer eh?

Why would OP need his friends to gift him back his own casino winnings? His question wouldn't be in here in that case.

You just didn't like the fact that I said you were willfully blind to natural assumptions that are probably true. But I didn't mean that to be insulting. That is exactly what lawyers do.

Well there you go OP. The answer is do whatever the fuck you want. If something goes wrong, feign ignorance.

>>1925167
>Defensive lawyer eh?
I've doxed him.
He's not a lawyer.

>>1925167
>Why would OP need his friends to gift him back his own casino winnings?
Are you mentally impaired? When did OP say it was his own casino winnings? He pretty clearly said it was his friend's casino winnings, just as he said it was his friend's proceeds from selling stuff on Craigslist. Neither of which is illegal.

I can't have a civil conversation with people like you who either intentionally, or through ignorance, just disregard facts. You're clearly trying to shade the discussion.

Also its a bit rich that you accuse me of being "blind to natural assumptions" when I took the time to answer your posts about those assumptions, in full. In fact I had to repeat myself a couple time because you don't seem too bright. But I didn't mean that to be insulting. That is exactly what dumb people do.

>>1925178
>But I didn't mean that to be insulting. That is exactly what dumb people do.
lol

like literally posting a pic of my wife and insulting her?

he said it was unreported earnings from bartending.
would you like me to link the post for a fourth time?

>>1925178
You still haven't answered whether or not it's loan fraud to lie about where you got your down payment.

nothing? crickets?

>>1925178
Well, sure. I'm an idiot.

You are incapable of reading anything out of context. You can only stick to strict legal definitions of words and statements. You are so used to legalese that you can't communicate in a normal way.

And you are incapable of accepting any criticism. Which is probably the bigger fault.

Her problems arnt urs

>>1925190
>You are incapable of reading anything out of context. You can only stick to strict legal definitions of words and statements. You are so used to legalese that you can't communicate in a normal way.
I knew the possibility that OP was lying about the money being a gift, which is why I took the time to answer your hypotheticals on the topic. And I was civil to you when you treated it as a hypothetical question.

Then all of a sudden you became a raging faggot convinced that OP was lying, and convinced that anyone who believed OP was gullible. You even INTENTIONALLY MISQUOTED the OP to make it sound like OP or his friends obtained the money illegally. You notice that I only started insulting you when you branched into this delusional, unsubstantiated vein of argument.

>And you are incapable of accepting any criticism.
I'm paid a considerable sum of money for my opinions, and both my livelihood and my professional reputation depend on the accuracy and completeness of my advice. I'm not accustomed to people questioning my opinions, because, as a professional matter, they pay me for those opinions. In my defense, assure you there are precious few lawyers who gracefully accept any form of criticism about their judgment or reasoning.

Not to mention, this is 4chan, faggot. Get the sand out of your vagina.

>>1925202
I do appreciate your responses to the questions. And I did get to trolling because this is the only active thread, unfortunately. Work on accepting criticism though. Seriously, man, it could improve your life.

I'm outta here.

>>1925202
>I'm not accustomed to people questioning my opinions
your opinions itt have been valid and true to life.

You missed the part where OP said he was doing fraud.

you correctly told him that people do it ALL THE FUCKING TIME.

You advised him that his chances for being caught were slim.

the only part where you went wrong was in saying it wasn't a crime. If you read the post I linked over and over and over again you'll see that it is
in fact
a crime.

>>1925207
>And I did get to trolling
I'm not going to aggravate things further since you acknowledge you were trolling, but c'mon man ... there's like one adult thread on /biz/ in a given day. We were actually having a interesting, intelligent discussion about taxes, gifts, and mortgages. And other than some obvious misinformation that I quickly corrected, there was a lot of good knowledge being shared in here. Surely you could troll elsewhere?

Then again, this is 4chan, after all ....

>>1925224
>other than some obvious misinformation that I quickly corrected
still denying that lying on your loan ap is fraud?

c'mon, at least admit that.
it's a fucking fact that anyone can google.

you made a mistake, it's fine. Nobody expects you to read the entire thread.

>>1925224
I was getting irritated that you were making me spell out exactly what I meant, when you already knew.

File: fraud.jpg (120KB, 831x760px) Image search: [Google]

120KB, 831x760px

>>1925224
let me educate you, "lawyer"

>>1925230
he thinks you're me.
and he hates me because I made him look stupid the first day I showed up.

>>1925230
>I was getting irritated that you were making me spell out exactly what I meant, when you already knew.
I answered your hypotheticals when you posed them as questions.

Then you demanded that I accept the hypotheticals as fact, and you assumed a bunch of facts not stated in any of OP's posts. I understand that you were trying to push an agenda by that point, but my training precludes me from falling into that logical fallacy.

Don't be irritated that you got out-argued by a lawyer. It's what I do. I'm sure you can trounce me at whatever life-skill you claim as your expertise. Mario Karting? Binge eating? Pubic masterbation? All three? At once?

>>1925244
the secret is you think other regulars are me so you insult them.

in time everyone on /biz/ learns to recognize you and mock you EVERY FUCKING TIME YOU SHOW YOUR STUPID FACE.

notice how that one anon thinks it was you, not me that was bragging about the 1965 Chivas.

time will chase you off even if I never say anything again. Because you're a lying asshole and that can't be hidden.

>>1925244
You didn't out-argue me. We weren't arguing. I was just asking questions. Then you were evading the questions, and pretending the like OP's original question didn't have a degree of deception behind it.

Anytime you feel threatened, you get defensive and come back with insults. What's the point man? You're letting other people control your reactions. Plus, you're getting agitated. That's how you go bald. Roll with it and don't give a fuck. That's my advice.

I never once insulted you, by the way. I was only pointing out it is noticeable what you just said:
>my training precludes me from falling into that logical fallacy

I know you don't carry that shit with you into your personal life outside of work. You make assumptions and act on them to protect yourself. If you notice things from your home disappear whenever a friend is around, you're going to assume he did it. Just because you didn't see it, it doesn't mean you're going to remain willfully blind and keep inviting him over and never confront him.

>>1925263
>I know you don't carry that shit with you into your personal life outside of work.
You don't think its hell to argue with lawyers in their personal life? You must not know any lawyers....

>If you notice things from your home disappear whenever a friend is around, you're going to assume he did it.
My friends all make 6 or 7 figure incomes, as do I. We really don't make a habit of taking each other's stuff. I'll have to trust you on this one, chief.

>Roll with it and don't give a fuck.
And that's why your generation sucks. Just sayin'.....

>>1925281
Cute response. Whose trolling now? Evasive and insulting again. You're a one trick pony. I'm out for real this time. Thanks for the earlier responses.

>>1925283
>Cute response. Whose trolling now?
To be fair, we stopped having a civil exchange about an hour ago. And you acknowledged why. Don't blaming me for falling back onto 4chan cultural norms once the adult discussion ceased.
>Thanks for the earlier responses.
You're welcome. I'm always happy to answer legitimate questions.

>>1925283
he's going to think you're me.

>>1925283
because I have both business and personal internet to post from.

>>1925284
>I'm always happy to answer legitimate questions.
IS IT A CRIME TO LIE ON YOUR MORTGAGE APPLICATION?

Answer truthfully and we're done here.

but you can't answer without admitting a janitor knows more than a lawyer, huh?

jk, jk. I know you just failed to read.

>>1925284
>Mortgage fraud is a crime in which the intent is to materially misrepresent or omit information on a mortgage loan application

>is a crime

>>1925300
>a crime

>>1925300
>Mortgage fraud is a crime
>>1925087
>this isn't a crime

thank you for your legal advice.

Don't get tricked into buying fake bricks of cocaine!

>>1925127
I don't think it's a loan. Sounds more like he's trying to spend cash he's made from dealing over the years. $3k in cash tips per month for a couple years like he said in one of his posts. If he's not dealing then he's the best damn bartender I've ever heard of.

>>1924908
1) The bank is going to be more interested to wonder where you got the cash. You're going to have a hard time explaining to a loan officer that you can't afford the house so you're having friends gift you shit so you can.

2) The IRS has a $14,000 annual exclusion on gifts. You're better off getting a "loan" from people with some ridiculous payback date or to say that you have to repay the money once you have a net worth of over $50 million or something silly like that.

>>1924981
>>1924976
>>1924974


This guy is a troll. People gift money all the time. IRS lifetime exclusion from taxes is $5MM. You think your 10k matters?