What's the most cash you ever had on you?

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DrPizza

Administrator Elite Member Goat Whisperer
Mar 5, 2001
49,606
166
111
www.slatebrookfarm.com
Personal - my own cash? Between 2 and 3 thousand.

Over the years, there were a few Mondays at the pizza shop when I took over for the owner when he was on vacation. Monday 9 a.m. meant taking all of Friday, Saturday, and Sunday's money to the bank. (They now use the night deposit box, so it doesn't build up.) So, somewhere in the neighborhood of 10k. If they did it these days, it would go over 10k each Monday - does the 10k "limit" apply to businesses as well?
 

DrPizza

Administrator Elite Member Goat Whisperer
Mar 5, 2001
49,606
166
111
www.slatebrookfarm.com
I think $400-500 I was in Vegas and actually won $400 on a quarter slot machine. This was several years ago when you actually used quarters and money came out of the machine. The light went off on top of the machine and the cashier had to come over to give me my winnings. Gave me 4 crisp hundred dollar bills. It was awesome.
If you were gambling in Vegas, you were of age to do so... and several years later, you will, obviously, be several years older. So, at your age, seriously??! You've never had more than $400-$500 on you? Wow. I'd consider that to be a reasonable amount of cash to pull out just for a weekend.
 

Blackjack200

Lifer
May 28, 2007
15,995
1,685
126
Considering I paid taxes on that amount I dont see how I possibly broke the law. I also only had 9800 in that checking account so I couldn't have taken out 10k if wanted to.

If you deposited $9,800 because that's how much you had, then you didn't break the law. If you deposited $9,800 to avoid the CTR, then you did. Taxes have nothing to do with it. Pretty simple.

When you said "I actually had about $9800 because I knew of the IRS rule." before you edited your post, it suggested it was the latter.

Don't worry, no one at the FBI cares about your small time shit. They're worried about dudes that deposit $8,500, then $9,000, then $7,800 etc. etc. in a fairly short amount of time to launder money.
 

SamQuint

Golden Member
Dec 6, 2010
1,155
45
91
If you were gambling in Vegas, you were of age to do so... and several years later, you will, obviously, be several years older. So, at your age, seriously??! You've never had more than $400-$500 on you? Wow. I'd consider that to be a reasonable amount of cash to pull out just for a weekend.

Strange huh, I think I was about 22 at that time and I am 44 now. So in the last 22 years I have never needed to have that much cash on me. I always wrote checks and used credit and debit cards. Never wanted to carry tons of cash on me.
 

Blackjack200

Lifer
May 28, 2007
15,995
1,685
126
Personal - my own cash? Between 2 and 3 thousand.

Over the years, there were a few Mondays at the pizza shop when I took over for the owner when he was on vacation. Monday 9 a.m. meant taking all of Friday, Saturday, and Sunday's money to the bank. (They now use the night deposit box, so it doesn't build up.) So, somewhere in the neighborhood of 10k. If they did it these days, it would go over 10k each Monday - does the 10k "limit" apply to businesses as well?

I'm sure it does. It's not really a limit anyway. The teller just fills out a piece of paper and files it. Again, no one cares that a pizza shop did $10k worth of business over the weekend.

Now, let's say the owner is a tin-foil-hat guy and doesn't like the fact that a CTR is being filled out, and he starts keeping all the transactions under $10k. If a teller notices, they are compelled by law to report the "structuring" to the government, and the government will get cranky, even if the cash is clean.
 

highland145

Lifer
Oct 12, 2009
43,563
5,966
136
Personal - my own cash? Between 2 and 3 thousand.

Over the years, there were a few Mondays at the pizza shop when I took over for the owner when he was on vacation. Monday 9 a.m. meant taking all of Friday, Saturday, and Sunday's money to the bank. (They now use the night deposit box, so it doesn't build up.) So, somewhere in the neighborhood of 10k. If they did it these days, it would go over 10k each Monday - does the 10k "limit" apply to businesses as well?
I think that's what got me flagged by TD, "excessive cash deposits". Would be interesting to hear what other businesses have been hit besides the designated operation choke point ones.
 

Fritzo

Lifer
Jan 3, 2001
41,892
2,135
126


Cashier's checks are pretty much good as cash at most banks. I've never had to wait more than two days for the entire balance to clear on one, and they usually have provisions for a greater grace amount (for my bank it was $5000 immediate / remaining balance 2-days on a $46,000 check).

It was an unusual situation. We had to transfer money from one bank to another within x amount of days to be available for a construction loan, but the bank would hold on to any check (even cashier's checks) over X amount for verification, where cash would should up in the account instantly, so direct cash deposit was suggested as a good work around.

This reminds me of a story. Back in 2001 when the Chrysler PT Cruiser was introduced it was (believe it or not) a hot car, and my wife wanted one desperately. We went to the dealer and found one, so she bought it. While filling out the paperwork, a guy walked in the showroom and said "I want to buy that new LHS with cash!" The dealer told him they don't take direct cash payments, they only pay with financing. The manager was called, shouting ensued, there were death threats, and the police were called, and the guy was arrested for drug possession.

Most exciting car purchase ever.
 
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Greenman

Lifer
Oct 15, 1999
20,657
5,346
136
About $32k. Had to carry it around with me for a day. That was back in 89 and I wasn't the least bit concerned about being robbed. Today I would be extremely concerned about the police taking it.
 

Humpy

Diamond Member
Mar 3, 2011
4,463
596
126
I'd guess around $2500.

In high school I sold a lot of whimsical, secondary ID cards and various substances used for amusement, so there was plenty of cash around.

These days I don't even like to touch the disgusting, feces laden pieces of paper.
 

OutHouse

Lifer
Jun 5, 2000
36,413
616
126
About $32k. Had to carry it around with me for a day. That was back in 89 and I wasn't the least bit concerned about being robbed. Today I would be extremely concerned about the police taking it.

yea and is why I made sure I had the bill of sale with me when i sold my RV.
 

kaerflog

Golden Member
Jul 23, 2010
1,899
4
76
Few years ago I let someone borrow money to buy a house.(my name was on the deed).
When he pay me back, I thought he would just give a cashier check or something.
NO, he gave me a bag of $90k and I counted it in the car before signing the title to him.
I was nervous as shit counting all the money.
I think he had all the cash because he was going through a divorce and was hiding money.
I put $50K in the safety deposit box and had a hell of a time depositing the rest into the banks.
I even took a pic but have no idea if I still have it.
 

02ranger

Golden Member
Mar 22, 2006
1,050
0
76
I once had a nickel on my pickle........

Seriously though, maybe $5000, when I bought my first car.
 

Muse

Lifer
Jul 11, 2001
37,852
8,313
136
60K in 100 dollar bills. I emptied a safe deposit box in a bank vault
Wow! That sounds like a scene from the Bourne series!
13k after selling a couple cars before moving. Deposited it slowly over a few months between two checking accounts. No idea about tax laws and was paranoid. Scared the shit out of me too because I just put it in a kitchen drawer. Came home from work and it was gone. Wife hid it...
LOL
 

Muse

Lifer
Jul 11, 2001
37,852
8,313
136
Yeah I'd be all for a flat tax.

Take 50% of my earnings before I get paid, and THATS IT. No more taxes after that. Have a certain agency responsible for that then distributing that money to the various tiers of government such as federal, provincial and municipal. Get rid of all the other taxes and stop double taxing people. And get rid of the whole income tax return thing... take the right amount right off the bat and get it over with. Get rid of all the complication and bureaucracy.

That makes too much sense though so it's never going to happen.
I've been thinking these same things for years except that the original one-time-tax should be graduated, a higher rate for people with higher income. Screw sales tax, state tax, property taxes, blah blah. It's all double, triple, quadruple, etc. jeopardy.
 

Muse

Lifer
Jul 11, 2001
37,852
8,313
136
Around $4500. It wasn't mine though, it was when I worked at Home Depot. Old Portuguese guys don't like checks or CCs.

For me personally? Probably a few hundred. I've done everything on a CC since I was 18, so no real need for cash. I think I have $4 in my wallet.

Yesterday I went to a gas station I found with Gas Buddy, which didn't tell me if the station accepts CC's. They don't. I had to fork over ~$46+ (don't have an ATM card). I keep a stash of cash at home to replenish my wallet and in case of an emergency (this is earthquake country, some cash might help in case of a catastrophe, can't hurt).
This. You're retarded if you use cash. It's nothing to brag about.

Topic should be called "How much do I want to get a gun pointed at my throat?"
You could live with no cash, but you give up some convenience sometimes. I don't use it a lot, usually have no change on me. If I do have change, I leave it at home or in my car's ash tray for meters.

Sometimes I buy food out at places that are cash only.
 
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