Question regarding hotel storage

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BustaKot
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Question regarding hotel storage

Post by BustaKot »

Does money in hotel storage can get you wealth taxed? because you can store 1m inside hotel storage and exceed amout of not wealth taxed one (9,999,999)
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DukeHiggins
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Re: Question regarding hotel storage

Post by DukeHiggins »

Busta as far as I know, it will get storage taxed not wealth taxed.
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SaSiNO97_
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Re: Question regarding hotel storage

Post by SaSiNO97_ »

Money stored in motels/hotels is 100% exempt from taxes. You can have 1M in each motel safe deposit, for a maximum of 10 motels.
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