The Peter Schiff Show Podcast Tax Loss Selling in Bitcoin Ep. 32
Dec 10, 2014
20:35
Tax Loss Selling in Bitcoin Ep.32
* In 2014 Bitcoin was the worst-performing financial asset
* Spending bitcoins triggers a taxable event
* Spending or selling at a loss also reflects on your taxes
* This holiday season, harvest tax losses while shopping
* Write-off could exceed value of gift
* You can also buy bitcoins back at a savings from original cost if you wait 30 days
* Buy Gold and Silver while harvesting tax loss
Our Sponsors:
* Check out GhostBed: https://ghostbed.com/PETER
* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.com
Privacy & Opt-Out: https://redcircle.com/privacy
* In 2014 Bitcoin was the worst-performing financial asset
* Spending bitcoins triggers a taxable event
* Spending or selling at a loss also reflects on your taxes
* This holiday season, harvest tax losses while shopping
* Write-off could exceed value of gift
* You can also buy bitcoins back at a savings from original cost if you wait 30 days
* Buy Gold and Silver while harvesting tax loss
Our Sponsors:
* Check out GhostBed: https://ghostbed.com/PETER
* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.com
Privacy & Opt-Out: https://redcircle.com/privacy