Are you paying too much in taxes on your Crypto Investments?
Did you know the IRS collected over $10 billion in crypto taxes last year alone? Most crypto investors end up paying far more than they need to because they aren’t aware of the tax loopholes available to them. In this episode, I’ll be revealing four powerful tax loopholes that every crypto investor should know. And trust me, you’re going to want to hear about the fourth one—it completely blew my mind the first time I learned about it.
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We’ll unpack the concept of tax loss harvesting and why it’s an absolute game-changer for crypto investors. Imagine being able to claim losses without actually losing your assets! We’ll also discuss the game-changing strategy of investing your crypto within a Self Directed IRA, how holding your crypto for just one extra day can dramatically change your tax rate, and finally, the borrowing against strategy that allows you to utilize your portfolio’s value without touching it.
If you’re looking to legally minimize your tax bill while maximizing your crypto gains, this is an episode you cannot afford to miss. So, grab your notepad, and let’s get started on your journey to smarter, tax-efficient crypto investing.
