Quote from: larry_vw_1955 on Today at 03:21:03 AM

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/

That's out of the question isn't it? You are talking about Bitcoin as an investment, not how to avoid and reduce taxes.

Not so sure how taxes works in the US but my understanding is that depreciation recapture is still paid upon the sale and that you can incur potential tax savings but it wouldn't be comparable to your returns from stocks and other investments. At least in where I live, this is hardly a good way to reduce tax and there are better ways to go about it.

By definition, depreciation is the loss of value of your assets. And I'm guessing you would have to sustain it with certain amount of running costs. I haven't heard of anyone using real estate as a comparison to stocks, and commodities.