Replying to Avatar MickBurke

Of course they say that bitcoin is property.. you pay capital gains on property (that you sell). US$s are NOT property so you can't take a tax loss due to devaluation...

The sickness is deep. 😉
Avatar
Jack Spirko 11mo ago

You absolutely can take the loss by selling and with no wash rule too.

Reply to this note

Please Login to reply.

Discussion

Avatar
Jack Spirko 11mo ago

Oh I see you meant a capital loss on dollars, technically you can do that by Forex trading.