Join Date: Feb 2004
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I paid cash for my boat. When I go to sell it, I am likely to want to be paid in cash too, thank you.
Tax has nothing to do with it, but is a fuzzy thing to say to get you off the topic.
In and of itself, it is not suspicious....If it alerts you to be more cautious then be more cautious, if nothing triggers follow-on alarms then go ahead, if you do nto want the boat then move on.
Seriously, cash is part of the transaction stipulated. There is nothing unreasonable about that. Meet the stipulation or find another boat.
I know somoene that bought a boat with 23 camels and a land-rover. He swapped a mildly successful tourist camel safari business for a yacht and sailed off into the sunset leaving the newls circumnavigated owner to get to know his newly aquired camels.
Not standard? So what.