Part 1 of a 3 part series
Which is better or which is more controversial?
Which is better or which is more controversial?
After I give you my insight into this global phenomenon, you decide!
I will give you the history of gifting and a look back on why this was ever started!
Then we will move forward to how it caught fire on-line and how people flipped out watching the You Tube craze of people ripping open FedEx, UPS, and DHL envelopes to name just a few.
How people made a killing off of the so call "Your Call Center" is the new thing you need to be worried about! That's just skimming the surface of how you could become successful, but at the same time lose your drawers. So let's leave "your call center" for last!
How did gifting begin?
Giving private gifts to one another is an expression of kindness, which has been going on for centuries.
It's very much like the traditional "Barn Raising," where an entire town would come together to help a family in need. The combined charity and synergy of people helping each other can create miracles!
Governments have allowed this practice for individuals to share their wealth with families, friends and others. It has been a means of helping and blessing others on special occasions or when the need arises.
Many cultures gift as a matter of course. Asian, Jewish and South American communities gift individuals within their culture on a regular basis so that they may start a business or buy a home.
They in turn gift someone else to help enhance their lives.
Habitat for Humanity is a great example of private gifting. Everyone participates with their time, their talents and materials to build a home for someone else.
Some participate with a hammer, some with nails, some with food and others with the monetary gifts to purchase the supplies, but all create a team that works together to bless someone's life.
Is Cash gifting legal?
So, you're interested in gifting, but you're not sure it's legal or ethical. That's a normal concern, of course.
In researching this activity, it's important to remember that there's no book out there that says what is legal in our society, only what is not legal. (This is true, by the way, for every country around the world that is participating in gifting.)
If you do your research online, you're going to see there's really nothing saying that cash gifting is illegal. Most of the time it's people expressing their personal opinions not facts and after years of experience and thorough research, no one has been able to show us ANY law in black and white stating that giving a cash gift is illegal.
In fact, we learned that both American and Canadian citizens have the Constitutional right to freely give property, cash and other assets. Many other countries participating in cash gifting also have very similar gifting laws.
In the United States we have the Preamble, the Constitution and the Bill of Rights to protect a private citizen's rights to earn, pay taxes and give away property and cash as long as it's done according to the laws and codes of this country. The U.S. gifting rules are found in the IRS Tax Code, Title 26, Sections 2501-2504 and 2511.
Your input to this highly controversial topic would be greatly appreciated!
Be on the look out for part 2 and 3 coming out soon.
May you have many blessings along the way! Guy Nakoa- 310-933-6052
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