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Question about JV

Discussion in 'Making Money' started by franktouch, Mar 30, 2013.

  1. franktouch

    franktouch Registered Member

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    Hi Everyone,

    I'm still learning about different methods of making money online.

    I wasn't able to start a thread in the JV section so I am doing it here.

    I have seen people offering jv on cpa, peerfly, maxbounty etc. and asking for 20 or 30% of the profits.

    Does anyone know how it works exactly?
    Seems like an easy method of making money without doing much work.

    I am assuming that most people who are in asian of african countries who might struggle to open an account with cpa would be willing to take over the cpa account.

    So I guess I would have to hand over my cpa login details and transfer the money into my bank account, and then forward 80% or 70% to the guy running my cpa account, I can see issues with tax here as unless I can get an invoice from the guy I will be liable to pay tax on the full amount.

    Does anybody have any experience on this who can give some advice and any other factors to take into account.

    Thanks for taking out the time to read and answer
     
  2. qrazy

    qrazy Senior Member

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    Posting thread in JV section requires Mod approval... You can't post this here
     
  3. franktouch

    franktouch Registered Member

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    There was no "New Thread" button in JV.

    I think if I was offering a JV then I have to post there.
    But I just have a question so I hope its ok to post here.
     
  4. edgematch

    edgematch Elite Member

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    First of all change your logic. You are running after easy money without work. There is not such a thing. You always pay for what you get. You can have some percentage of the revenue of your partner (it may be cpa, cb, amazon or adsense) but you will always have the risk of putting your account in danger.

    If you are located in us/canada/europe, get ready for paying taxes too.