HubertManne comments on Would you rather have one million dollars or one million cast iron pans?

Would You Rather

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Welcome to c/WouldYouRather, where we present you with the toughest, most ridiculous choices you never knew you had to make! Would you rather have a third arm that's only useful for picking your nose, or be able to talk to animals but only if they're wearing hats? Yeah, it's that kind of vibe. Come for the absurdity, stay because you've clearly got nothing better to do with your life.

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[–] HubertManne@piefed.social 3 points 11 months ago (3 children)

if they are stored well and not allowed to degrade or are refurbished when they do. Until the loan is gotten you will need to pay for that storage. Then there is packaging and shipping. Your going to lose a lot before you gain anything.

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[–] The_Che_Banana@beehaw.org 2 points 11 months ago (2 children)

Hence the business loan backed by inventory (a million units of anything is a lot of collateral.
Also, losses, if any, can be written off and a (tax) loss or insurance claim. You'll also mitigate your tax exposure with the product rather than a million dollarydoos...which I would expect to be on the high end% since you won't be able to pay for a good CPA or lawyer to Bezo your money.

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[–] HubertManne@piefed.social 1 point 11 months ago (1 child)

I mean a large amount of goods from no where and cash from no where is going to be equally problematic tax wise. But cash is more liquid and can be easily dealt with as long as you don't straight out deposit it.

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[–] The_Che_Banana@beehaw.org 1 point 11 months ago

Potato/potatoe

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