BRS $65,000 Dream Reef Giveaway!

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This is fun to watch. Great tank stand Neptune gear and who knows what else.
 
I’d rather 6 people get a 10k tank… spread the love around! (and give me a better chance at winning) it is great that they do stuff like this.
Give back to the reefers!
oprah winfrey yes GIF
 
Utubereefer said:
I’d rather 6 people get a 10k tank… spread the love around! (and give me a better chance at winning) it is great that they do stuff like this.
Give back to the reefers!
oprah winfrey yes GIF
Click to expand...
$10,000 for a tank??? What are you keeping one freshwater betta in it??? This is saltwater. Go big or go home!!! Jk
 
So far, we've got an epic list going!
✅
Custom Reef Savvy Tank
✅
Custom Chris Benner Stand
✅
Massive list of Neptune Apex Gear

Join us tomorrow (11/16) at 10 AM central time to hear what's being added to this list!

 
Man, I’m just hearing about this. Guess it’s too late to enter
 
BeltedCoyote said:
Man, I’m just hearing about this. Guess it’s too late to enter
Click to expand...
All Preferred Reefers were entered (provided they logged in at least once during the year).
 
Kellie in CA said:
All Preferred Reefers were entered (provided they logged in at least once during the year).
Click to expand...

oh. Well I stand gratefully corrected.

that’s really awesome. Kinda nice being entered in something without having to do a ton of things for entries.

not that I expect to win lol. But still. It’s nice
 
MrTPlush said:
Depends on your state…prize taxes are usually stupid high.
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Notice they are calling it a "gift" in th video. I know Ohio doesn't have a gift tax, but there is a federal one.

Federal law allows up to 15k to be given as a gift tax free. After the 15k it is subject to taxes, but the 'giver' typically pays the taxes not the 'giftee'

So maybe BRS is paying that tax for the extra 50k over the limit?

Also not sure how 'gifts' work for business what I referenced above is personal use, so amounts/regulations/taxes maybe different when it's a business giving the 'gift' and not say your rich uncle.
 
Woodyman said:
Notice they are calling it a "gift" in th video. I know Ohio doesn't have a gift tax, but there is a federal one.

Federal law allows up to 15k to be given as a gift tax free. After the 15k it is subject to taxes, but the 'giver' typically pays the taxes not the 'giftee'

So maybe BRS is paying that tax for the extra 50k over the limit?

Also not sure how 'gifts' work for business what I referenced above is personal use, so amounts/regulations/taxes maybe different when it's a business giving the 'gift' and not say your rich uncle.
Click to expand...

Frequently asked questions on gift taxes | Internal Revenue Service

Find common questions and answers about gift taxes, including what is considered a gift, which gifts are taxable and which are not and who pays the gift tax.
www.irs.gov www.irs.gov

I'm by no means a tax person, but here is the link where I got my info.
 
No thanks.

It will probably only be available if your name is Hadleigh, were born on a Tuesday in 1867, and are available to take collection at 4 minutes notice in the middle of the night. Otherwise the prize becomes void.

I know I’m a miserable, ungrateful person so you don’t have to tell me, but I’m done after the last promo.
 

IF YOU HAD TO TAKE A REEFING EXAM, WOULD YOU PASS?

  • Yes!

    Votes: 32 45.7%

  • Not yet, but I have one that I want to buy in mind!

    Votes: 9 12.9%

  • No.

    Votes: 26 37.1%

  • Other (please explain).

    Votes: 3 4.3%
See comments…

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