Sentences with phrase «illegal income goes»

Not exact matches

The income is probably similar to what you can make as a professional in Romania and in fact the drain on qualified workers is a huge problem from the perspective of the «sending countries» (just for context: Romanian citizens can come and go and work in Germany completely legally without any visa or permit under European Union rules so their situation is quite different than that of illegal immigrants in the US).
Many have second incomes, inherited money, have pensions, a spouse, incorporate and then declare bankruptcy with regularity over the years, assumed mortgages when they could even though illegal, and when house prices went up they borrowed equity, bought more homes, have rental income, etc. — but they make it out to the public that all is made through real estate.
I'm getting all the people with sob stories, who barely make the minimum 3X rent, have past bankruptcies, have unreliable rental history (renting from family, or other «landlords» that seem questionable), people who smoke, illegal immigrants who work under the table and don't have verifiable income, etc. (the list goes on).
«So in the simplest terms, if you have real estate, you're going to buy a piece of property with the illegal funds, hang on to it — or have rental income from it, so that rental income is legitimate — and eventually when you sell the real estate, you get your proceeds out of it and by all accounts it appears to be a legitimate transaction.»
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