how do I a avoid cap gains tax in the us you naggers

You'll have to pay it if you really cash out, but I'd bet you could get away with selling 5-10k worth without the IRS auditing your ass

>>3483743
on btc that is

File: reece.jpg (27KB, 504x415px) Image search: [Google]

27KB, 504x415px

>>3483732

have capital loss

>>3483732
move to finland

>>3483787
Finland has capital gains tax. Do you mean it's easy to avoid in Finland?

So that means a burgers are fucked?

Never cash out and get stuck with a lifetime of gas and ciggarettes

>>3483764
this.

or depending on the asset, do a like-kind-exchange and buy another asset.

>>3483764
>>3484070
so lets say with btc I use localbitcoins dotcom to get $ and send someone my btc. I could just show it on my tax returns as I fucked it all away trading for shitcoins?

>>3483732
don't cash out

>>3484097
https://en.wikipedia.org/wiki/Wash_sale

Not sure how the IRS views shitcoins, honestly. I am one of the many who laughed at them when they were under $50, then again at under $200, and again when they were $700. Still don't have any. FUCK

>>3483732
Invest in shady HYIPs and lose half your crypto stack.

>>3484161
Do I have to show every single transaction I made with cryptos though is what I'm asking, or just the initial usd going to coinbase for example, and then nothing gets back to my back its only usd going out

Realize less than $37,000 ($72,000 if you're married) in long-term gains each year. More than enough to live on for a year. Long term cap gains tax at this bracket is 0%.

>>3484217
you sir are a beautiful nigger

im fuked