I just back from cabo last night and want to firm up with anyone that wishes to particpate in the hilton contest with me.
The entry fee is 1500. I am going to take 500 of the 1500 or 1/3 interest. There will be 1000 available on a first come basis….which would mean a commitment along with the investment. If your in Las Vegas you can pay me at the bellagio and if your from out of town paypal is fine.
The only uncertainty I can see is how to handle the income tax consequences in the event of a cash. The best way I can see to do this is:
There will be a written agreement reflecting the percentage interest along with each pays their own tax consequences. In addition I will need your full name , address and social security number so I can give this to the hilton when i enter to reflect everyones interest in the event they will take that info.
I wish to firm this up by the end of this week. So an email to me with the amount you wish to have of the 1000. Also how and when you wish to get me the money.
Based upon the response there is more people wishing to have an interest then there is available.
If you have any questions drop me an email or find me on yahoo messenger.