sippyjug104 wrote:
Jerry, you should go for it..! Here's the plan. Get a loan for $1,000,000 which will allow you to buy $1,050,000 in gear. Sell the new, unopened gear at a discount to quickly pay back the loan and you get to net the remainder of the $50,000 in either gear or cash. You can even create a business and write off the expenses of your home as a home business and other expenses that your accountant can be creative with.
What could ever go wrong?😜
He doesn't have to borrow money. If he has to take out loan to buy his stuff I would try to stop him.