08-10-2018, 12:36 AM
USPS money order is the best way to go. Go to the PO and CASH it.
Agreed.
The buyer will need two, as they max out at $1000 each, in your case.
Also, go to the PO during or after lunch (as long as you don't take an early lunch. There very likely won't be enough money to cash even one money order in the first hours of business.
The cash comes from postage, services, and money order sales, so it may take a while to accumulate. But as long as the MO is real, you walk out with the cash, free and clear.
If that's taxable income, it's then up to you to report it.
Agreed.
The buyer will need two, as they max out at $1000 each, in your case.
Also, go to the PO during or after lunch (as long as you don't take an early lunch. There very likely won't be enough money to cash even one money order in the first hours of business.
The cash comes from postage, services, and money order sales, so it may take a while to accumulate. But as long as the MO is real, you walk out with the cash, free and clear.
If that's taxable income, it's then up to you to report it.