Post
Topic
Board Bitcoin Discussion
Re: Downsides to HODLing bitcoin as an investment
by
larry_vw_1955
on 07/08/2024, 03:57:47 UTC

Not so sure how taxes works in the US but my understanding is that depreciation recapture is still paid upon the sale...
ok yes, i didn't realize there was something called "depreciation recapture". that can be avoided though by doing a 1031 exchange. if you're still wanting to stay in the real estate game. not if you are just looking to cash out. but if you're looking to cash out, in real estate, you can pull  out cash tax free by refinancing. you can't do that with bitcoin. unless you turn over your bitcoin to a custodian. and then it's no longer under your control.

Quote
I haven't heard of anyone using real estate as a comparison to stocks, and commodities.
i never see real estate gurus and investors talking about how they want to invest in bitcoin...to me that must mean they think real estate is more profitable and sure thing. any money they get they're looking to buy another house not some bitcoin.  Shocked