In some countries, you can buy or rent a house in bitcoins. But what are the tax and administrative implications?
In France, you can, in theory, buy with BTC, but you have to pay taxes and notary fees in euros.
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How is it in your country ?
There is a similar situation in my country.
Unofficially (or/and indirectly) you can buy anything with bitcoin. Officially, you can’t buy anything using btc here because the government banned it. No business can accept btc officially.
So if you want to buy a house here, you first need to convert your btc to FIAT and then send the money to the seller’s bank account. Otherwise the government won’t recognize the purchase.
You can’t even buy a coffee with btc here as no business accept it.