So if I have $36k from a refi and savings that I want to use on a future home renovation … that money makes squat in the bank for interest. If I send it to Nexo anything over $10k gets reported to the IRS. Am I better of sending that money in 4 increments of $9k to keep it off the radar? I pay more in wiring fees. I think BoA has some of the highest around. Would cost me about $180 for the 4 transfers in fees. Those bastards.
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