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Updated about 10 years ago,

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1,185
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728
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Nghi Le
  • Investor / Lender
  • Seattle, WA
728
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1,185
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Tax Deal?

Nghi Le
  • Investor / Lender
  • Seattle, WA
Posted

I came across a contractor who had two different sets of prices/bids; one that he calls his regular price, and one that he calls a tax/cash deal.  The tax deal is always a great deal, but I wonder if I could get in trouble for this?

We still sign a contract, he would provide a receipt for all the disbursements, and he says his license, bond, and insurance will still take effect for the project.  I also still plan on recording all of my expenses in QuickBooks and give it to my CPA at the end of the year regardless.

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