EP 9 - Investing in Bitcoin and other Cryptocurrency with a Self-Directed IRA or Solo(k)
Directed IRA Podcast
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Crypto Currency - The Irs in 2014 Got the Irus in 21
Iris tried to be ot the forefront on this because they didn't want people making money in the black market and the iras not be able to tax it. They treat virtual currency like a stock bond or mutual fund. If you're going to just buy a stock that's worth a thousand and resell it for two thousand, you have a taxable gain. Now, magri had one last aspect, and i'll let you nself directly. There's this term called mining. You can actually find crypto currency or virtual currency through mining. And you create something, you create a valuable coin. So that's the concept now, a mining is the concept of buying computers.
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