mechricsonNov 27, 2021 · 3 years ago3 answersWhat are the tax implications of buying a house with cryptocurrency?
Can you explain the tax implications of purchasing a house using cryptocurrency? I'm considering using my cryptocurrency holdings to buy a house, but I'm unsure about the tax consequences. How will the purchase be taxed? Will I have to pay capital gains tax on the cryptocurrency used for the purchase? What are the reporting requirements? I want to make sure I understand the tax implications before making a decision.
Questions
Tags
