Banning Of Cash Deposits Into Other Folk's Account

21

Not for a $10 piece of toast!!!

22

If George Clooney came in and said, ā€œoops, i forgot cashā€, you thank him for eating his toast at your place, and take the tab on the house.

23

Exactly. You can probably sell his autograph for more than $10 on eBayā€¦(and no I donā€™t like Clooney).

24

Come on, if you go to a restaurant and valet your car what do you tip with?

(sounds of cricketsā€¦)

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25

Well Einstein apparently tipped some bellboy his handwritten letters that are now worth $1.8M. You want a measly few bucks or this??

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26

I donā€™t believe the bellboy had a choice in the matterā€¦

27

LOLā€¦my friend was robbed at gun point. The robber asked him for his wallet, he obliged. The wallet was empty. The robber swore in different languages, then, pulled a $20 from his pockets and gave it to my friend. My friend, all mumbling and jumbling of the dangerous situation replied with a ā€œthank you sirā€ and put the bill into his wallet and into his pocket it goes.

Hand up! said the robber, you thought I would go home without robbing anybody?:joy::joy:

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28

Many small time eateries and hair dressers take cash only and plumbers/electricians/painters prefer cash for tips.

Same sentiments.

30

Most of my milliienal tenants pay cash. ā€¦No bank accounts???

31

So, unless they pay you in person or via a dropbox wonā€™t this banking change impact you (if you banked at BofA or Wells or any bank if this is soon a rule of the land)? I wonder if this is a way to reduce money laundering or under the table transactions (fed govt/IRS reg change)?

32

I collect in person

33

Wow, old schoolā€¦ok

34

I am at their places every monthā€¦I know whatā€™s going on and and check to make sure that everything is in running orderā€¦
This business is up close and personalā€¦unfortunately I donā€™t think it works well otherwiseā€¦

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35

Agreed, but frankly donā€™t you own quite a few properties to be doing personal visits (yes, this is your only job now)?

36

Heā€™s not a robber, heā€™s Robinhood :joy:

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37

OMGā€¦ can that robber please rob me a million timesā€¦ I promise every time my wallet will turn up empty!!! :rofl:

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38

No, itā€™s because bank transfers in US are a joke. Who uses checks except for us?!

39

The only time I use a check, a voided check is to scan it, and send it to the insurance companies I sign for. Direct deposit of commissions baby!