Post
Topic
Board Bitcoin Discussion
Re: Downsides to HODLing bitcoin as an investment
by
larry_vw_1955
on 07/08/2024, 03:21:03 UTC
That is not true. In certain places, capital gains doesn't incur tax burdens.

who said anything about "capital gains" tax?  i was talking about the ability to depreciate your asset to offset any taxes you have to pay on it. you can't do that with bitcoin but you can do it with rental property.


Have you ever wondered how the wealthy rake in millions annually while avoiding taxes? It all boils down to one principle: property depreciation.
https://equifund.com/blog/rental-property-depreciation/