Post
Topic
Board Economics
Re: If Bitcoin goes up very high should i buy a house?
by
gsrcrxsi
on 14/06/2017, 04:50:43 UTC
If you buy a house directly with Bitcoin, you will still need to pay taxes. You will need to report your Bitcoins to the IRS or whatever your country has, because you can't hide a house.. they will find you have a house sooner or later. So before you think about it, consider the % of Bitcoin that will go to taxes first, because maybe you don't have enough to buy it.