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BTC109: Bitcoin Taro, GBTC Discount, & More w/ Pierre and Morgen Rochard (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
Bitcoin's Down
The way tax lost harvesting works is that you are allowed to take a loss in your asset. To not have the wash sale rule apply to you, you have to be out of an asset for 30 whole days and you can on the 31st day go back and buy the asset. The government allows you to take up to $3,000 per year if let's say you have a $50,000 loss but also had 10k worth of gains. And then you can carry forward anything in excess of the $3,00.
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