So the question on everyone's mind is can you make money with cash gifting and is it legal? The answers to both of these questions is a little gray.
Lets first define cash gifting. Cash gifting is the act of giving money to someone without the expectation that you will recieve anything in return. There are no actual products in cash gifting.
Once you give this donation to your upline sponser, you are eligible to recieve "gifts" yourself. The question to ask yourself here is does this sound legit to you and does it fit within your moral compass.
Are there any reputable cash gifting companies out there? Good question and its a bit like saying "are there any nice terrorists?" These companies will shoot up and dissapear overnight due to the nature of the so called industry.
The IRS watches these programs very carefully and as long as they stay within very specific rules for gufting, they are legal, but this is a very fine line and the IRS is very stringent on this issues and changes the laws regularly.
As far as a business structure goes, its not that different than a lot of other internet companies. THey will get leads from people who visit the website and opt in. NOtice however that they will never show their face on these websites. Strike you a weird?
It makes sense why they would not want to show their face, its just astounding that they can get people to actually send them money in the mail without knowing anything about them.
Are there some people who have been able to make some money doing this? I am sure there are, but you the consumer should be asking "Do I want to be one of them?
With so many reputable ways to make money at home or on the internet today, the question is do you want to be one of these people? - 16928
Lets first define cash gifting. Cash gifting is the act of giving money to someone without the expectation that you will recieve anything in return. There are no actual products in cash gifting.
Once you give this donation to your upline sponser, you are eligible to recieve "gifts" yourself. The question to ask yourself here is does this sound legit to you and does it fit within your moral compass.
Are there any reputable cash gifting companies out there? Good question and its a bit like saying "are there any nice terrorists?" These companies will shoot up and dissapear overnight due to the nature of the so called industry.
The IRS watches these programs very carefully and as long as they stay within very specific rules for gufting, they are legal, but this is a very fine line and the IRS is very stringent on this issues and changes the laws regularly.
As far as a business structure goes, its not that different than a lot of other internet companies. THey will get leads from people who visit the website and opt in. NOtice however that they will never show their face on these websites. Strike you a weird?
It makes sense why they would not want to show their face, its just astounding that they can get people to actually send them money in the mail without knowing anything about them.
Are there some people who have been able to make some money doing this? I am sure there are, but you the consumer should be asking "Do I want to be one of them?
With so many reputable ways to make money at home or on the internet today, the question is do you want to be one of these people? - 16928
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