Hi guys I need a tax lawyer advice please I invested btc when it was 300$ to 5000$ Haven't kept track exactly how much If I were to buy a house in bitcoins How about would I do my capital gains or tax?
Expect a massive bull run today. I’m buying a house with Bitcoin. Also, expect a crash in the housing market.
The seller’s realtor was skeptical that it was legitimate money because my proof of origin of funds was from a crypto exchange Edit: Sorry I disappeared, I was buying a house! it is an investment property less than 50 miles away (and I’m not selling my home), and I’m retired so I couldn’t get a mortgage (you qualify by debt to income ratio only, assets don’t count for investment property apparently). I found out the day before closing. So I had to sell some precious bitcoin to pay cash. So yes, now I will have to pay taxes on my BTC gains, in addition to all the other taxes. Theoretically however, even if I straight up purchased with BTC, I would still have an obligation to pay taxes on the gains.
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Buying a house with Bitcoin, anything from small homes to mansions to apartments. Some buyers are accepting any crypto (or at least the popular ones like Bitcoin, Ethereum, Dash, etc.) + FIAT ... How To Get a Super Deal When Buying a New Home - Duration: 10:39. Lance Mohr Recommended for you. 10:39. ... Why I am buying Bitcoin, Alts and Gold Miners - Duration: 1:40:57. Sawcruhteez Streamz ... In this video, I dive deep into the announcement made by a national title company and give their reasoning for not accepting bitcoin as an acceptable form of payment to buy a house. HELPFUL TRAINING My experience buying a house with Bitcoin - Duration: 11:46. Simon Dixon 670 views. 11:46. Beyond Price: Bitcoin's Impact on the Future - Duration: 25:48. aantonop Recommended for you. 25:48 ... Is buying or selling a house with Bitcoin easy? Darian and I we're confronted with the task of researching how to purchase or sell a Realestate property with Bitcoin. We spent several days ...