I peek through the peep hole and I’m delighted to see you brought flowers. I prefer to be the hot one and looks are subjective anyways.
Hahaha The Imagery. I can only speak for myself on this one. 😊 I pray for a more so happy or neutral facial expressions with a pretty mug, but I’ll take an “ugly” mug that spouts fun and kindness. If you brought me flowers, dead or alive, I wouldn’t complain. It’s easy to throw out dead flowers. It’s harder to watch them die slowly for a couple weeks.
With all the tell alls novels, tv series, and posts, and everything and everything the mystery of the escort world isn't much of a mystery any more. There's a full gamut of experiences, expertise, reasons, and results. The only thing I'm curious about are the accounting books and how you manage to get your money into the system so you can make those big purchase like vehicles, houses, and vacations.Any questions the men are looking to have answered regarding working in the industry? The floor is yours. Well-intentioned questions only please. The point is to make the industry better by starting intentional conversations.
It’s no different than any other self employed business. It’s also legal on our end.
I think strippers are required to file for tax too. Obviously, as with all cash businesses, the numbers are... fudged. But they pay their taxes like everyone else
And accounting books means like what is the annual income, average monthly, expenses, average number of client/hours per month. I don't care about about the saucy details, I want to cold boring ones. I want to know what makes this a business worth pursuing to cover the rent/mortgage/bills.
Interesting. That makes sense. I wonder if what I'm thinking of is a hold over from the old times. I've heard of people starting up cover cash businesses like custom art, cleaning, nail technicians, etc, as way to siphon money into the system. Seems like an unnecessary second step now that you point it out.
I pay taxes, have a car payment, pay rent on an apartment I like just like everybody else.
That issue of large cash deposits or withdrawals at the bank has become more and more intrusive the past years. I have taken out sums in the several thousands (well above my ATM withdrawal limits) to pay for reno work around the house as well as for a certain hobby, and always get the "what are you going to use this for". My standard reply "Cocaine and Hookers baby!" has I understand now, is not quite what they want to hear. Any reply is fine and frankly its none of their business but I get it, the protection of possible fraud things and so on. For deposits, you bypass the tellers and go to the business window - the specifics again are none of their business.
Feels like a very personal question and can't be applied to just the ladies. I know 50 year old contractors that blow all their money on "hookers and blow", and I know contractors in their 30's that are set up for life (if they don't fuck up along the way).
With respect: As roughly 70% live paycheque to paycheque, I’m inclined to say most live for today. But it all depends on where you’re starting from and how quickly you want to get there. Some want financial freedom yesterday and others are comfortable with making risky moves (much like that of other high earning professions - NFL athletes, for instance). I’d hope most end up doing so but it also depends on where you’re starting are in the journey. There are times it doesn’t make sense to be doing that (like if you don’t have an emergency fund).
I think there are lots who still do this. In Canada sex work is legalized but not decriminalized, and is of course still heavily stigmatized. So there are a lot of reasons some SPs would still need those types of cover businesses, including that it isn't possible for all workers to file taxes as an escort. Not declaring as an escort usually ends up meaning you pay MORE taxes overall since you can't declare condoms, etc as work purchases.
Yes large deposits (both cash and digital transfers) can be problematic. Smaller amounts can sometimes it just get a flag on your account which may or may not become an issue down the road, and then for larger amounts they are is required to ask for details when it's over a certain threshold (top of my head it's $10 000 but don't quote me).
Commercial banks do this differently and I'm not exactly sure how they do, but most financial institutions have to explain to regulators how they perform "know your client" checks. One of those questions is "Source of wealth", ie where did you get the money. In most situations, they have to ask this everytime a transaction is performed. They care less about the answer and more about the fact they asked the question, to cover their asses. I think the only answer they have to report further is "Arms trading". All other answers are discretionary. Commercial banks probably do a less rigorous version of this check
I deposited some legit cash from selling my car one time at the bank where I was a regular customer and the teller asked where I got the money from. I was surprised she asked and just winked, smiled and said from gambling. She just smiled and processed the transaction like nothing.
