FLOYD MANN
Full Member
As far as "Treasure-Hunting" goes: you can't have BOTH Fame AND Fortune---pick ONE ! I guarantee you: if you "advertise" you have made a great "recovery"---people will start lining up to file Court claims that "somehow" THEY are entitled to a share of it ! That is if our so-called government does not arrest you First & just TAKE it from you. Keep your lip zipped ! Trust me on just this ONE thing !
I list "Treasure Hunter" as my OCCUPATION on my Federal return every year. Surprise ---I get audited every year ! BETTER Surprise: I always get MORE back than I requested---because they usually say something like: "Well, if you are claiming THIS as an expense, did you forget that you can ALSO claim THIS?" Granted---it takes about 3 months to get my "refund", but I have everything so well documented that they can't even THINK of not paying me !. And YES: I do claim each year that I "find" treasure. But my LEGAL deductions very easily offset ALL of my claimed income. I'm not bragging right here ( but to illustrate my point )---my Federal Refund is about $12,000.00 this year & my Utah Refund is about 3 grand.
As my spare time permits, I try to help ( educate ) other Treasure Hunters on how THEY might ( also ) benefit from keeping ALL of their receipts & filing just a bit differently each year.
When Phil R. ( & hopefully I am with him ! ) fully documents his Discovery and convinces the Powers that Be to issue a Permit for RECOVERY--- he will be the RARE exception to the rule that you can't have BOTH Fame AND Fortune. As long as the Government is "guaranteed" THEIR share---Phil will be able to legally collect his percentage, pay the Government, & ALSO BRAG about it ! Sweet Deal ! I'm convinced ( from what he has divulged to ME ) that he just might be very Famous on this deal. I really cannot believe that there are not Investors knocking down his door ! Even if he is WRONG---you get a GREAT write-off on your taxes ! Think outside of the box---if you really want to prosper. I retired at age 44 & have been doing this so-called treasure hunting "hobby" for 10 years. I must be doing "something" right ? !!
So: the point of this "rant" is: don't knock another man's dream, just because you can't come up with your OWN dream. I've helped HUNDREDS of "treasure hunters" ful-fill their "dreams"---when no one else ( even their own spouses or family ) would believe in them. This is SO SAD. You should be cheering ON your fellow treasure hunter---NOT trying to discourage them ! OK---I'm done For Now ! Everyone: have a Fantastic life---Dream The DREAM !
Floyd
I list "Treasure Hunter" as my OCCUPATION on my Federal return every year. Surprise ---I get audited every year ! BETTER Surprise: I always get MORE back than I requested---because they usually say something like: "Well, if you are claiming THIS as an expense, did you forget that you can ALSO claim THIS?" Granted---it takes about 3 months to get my "refund", but I have everything so well documented that they can't even THINK of not paying me !. And YES: I do claim each year that I "find" treasure. But my LEGAL deductions very easily offset ALL of my claimed income. I'm not bragging right here ( but to illustrate my point )---my Federal Refund is about $12,000.00 this year & my Utah Refund is about 3 grand.
As my spare time permits, I try to help ( educate ) other Treasure Hunters on how THEY might ( also ) benefit from keeping ALL of their receipts & filing just a bit differently each year.
When Phil R. ( & hopefully I am with him ! ) fully documents his Discovery and convinces the Powers that Be to issue a Permit for RECOVERY--- he will be the RARE exception to the rule that you can't have BOTH Fame AND Fortune. As long as the Government is "guaranteed" THEIR share---Phil will be able to legally collect his percentage, pay the Government, & ALSO BRAG about it ! Sweet Deal ! I'm convinced ( from what he has divulged to ME ) that he just might be very Famous on this deal. I really cannot believe that there are not Investors knocking down his door ! Even if he is WRONG---you get a GREAT write-off on your taxes ! Think outside of the box---if you really want to prosper. I retired at age 44 & have been doing this so-called treasure hunting "hobby" for 10 years. I must be doing "something" right ? !!
So: the point of this "rant" is: don't knock another man's dream, just because you can't come up with your OWN dream. I've helped HUNDREDS of "treasure hunters" ful-fill their "dreams"---when no one else ( even their own spouses or family ) would believe in them. This is SO SAD. You should be cheering ON your fellow treasure hunter---NOT trying to discourage them ! OK---I'm done For Now ! Everyone: have a Fantastic life---Dream The DREAM !
Floyd