Main Street Business cover image

383: NFTs: How are they taxed?

Main Street Business

00:00

The Future of Cryptocurrency

There's three main categories you need to worry about. One, am i a creator of nfts? Like i think of it like yourbok writer? Am i going to write a book and sell my book a that's going to be taxed a certain way? Is this a collectable nft? And third, is this a utility nft, where it might generate passive income for me,. or i hold it for a period of time and then resell it from a passive income generation type asset ? Yes, i love those. So all our worlds are going to collide with some of this crypto stuff. Even if you're hating it right now, eventually it's going to come

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app