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6 Things To Know About Cash
Gifting
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Cash gifts, according to the IRS, are
tax free up to $12,000. As long as you
don't exceed that amount in one gift you
are in the clear.
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Keep your cash gifting private. You have
probably seen videos or pictures of
people showing the cash they received in
the mail. You may have also noticed that
they usually don't show their faces.
There is a reason for this. Most of the
time people do not want their friends
and family to know that they got $30k in
the mail that day. It also is not
recommended that you create a viral
video explaining how you make $100k and
show your face, mailing address or even
your phone number. Doing so is
encouraging people to report you, even
if you are legit.
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You can work a cash gifting business
full or part time from home.
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Cash gifting clubs usually offer a free
website.
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Cash gifting clubs usually offer free
marketing tools, including an
autoresponder series and basic training.
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Finding a mentor in a cash gifting
program is essential to your success.
They want you to succeed and if they are
successful they can show you what you
need to do to join them in success.
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Here are some rules to remember. Some
programs encourage you to call leads and try
to recruit members to your cash gifting
team. This is a big illegal no-no. You can
simply put the opportunity out there and
invite people to join you. Also, don't
forget to read up on the required forms.
Each gift must include a gifting and
non-solicitation form.
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