Income Report for November 2021: Our first half of the year in review!
Entrepreneurs on Fire
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Is There a Wash Rule for Crypto?
Crypto doesn't actually have the wash rule, which means that when you sell a stock, you've got to wait at least 30 days to buy it if you want to capture those losses. But with stalks, if you have like a big loss, giving like 50 % loss, you can actually sell it and then buy it right away. There are no rosh rules for crypto, because it's still up in the air in congress. You're able to get a pretty significant credit write on your tax for the expenses that you incurred with the r and d research and implementation. The one thing that trips people up is a lot of softer developments being done overseas, those wages don't
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