Introduction

Tax loss harvesting exists because there's a rule on the books that says, if you sell something and you buy it within 30 days, you can't count that as a loss. This is called the wash sale rule. You can't actually book those losses, but because crypto is not a security, you can. We also cover bit coin back credit cards. Do they make sense? Or are you better off just getting points or us d cash back? And a little known act that allows you to hold your crypto currency in retirement accounts so when you retire and you spend your crypto, you don't pay taxes on it.