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<p>[QUOTE="statequarterguy, post: 791410, member: 21782"]<font face="Times New Roman"><font size="3">I understand what you’re saying about reporting gains from sales, but that’s an entirely different issue all together. The question asked and answered here is about purchases made with cash. If one makes a purchase with a large amount of cash and a Form 8300 is filed, a huge spotlight is thrown on that person. It’s my understanding most, if not all of the 8300’s are reviewed and many are followed up on. </font></font></p><p>[/QUOTE]</p><p><br /></p>
[QUOTE="statequarterguy, post: 791410, member: 21782"][FONT=Times New Roman][SIZE=3]I understand what you’re saying about reporting gains from sales, but that’s an entirely different issue all together. The question asked and answered here is about purchases made with cash. If one makes a purchase with a large amount of cash and a Form 8300 is filed, a huge spotlight is thrown on that person. It’s my understanding most, if not all of the 8300’s are reviewed and many are followed up on. [/SIZE][/FONT] [FONT=Times New Roman][SIZE=3] [/SIZE][/FONT][/QUOTE]
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