Nicola
Wed Aug 07 2024
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0 answers
0
What is crypto-tax loss harvesting?
Can you please explain what crypto-tax loss harvesting is and how it works? I'm curious to know if it's a legitimate strategy for reducing my tax burden on cryptocurrency investments. I've heard it mentioned before but am not entirely clear on the details. Thank you in advance for your help.
Alessandra
Tue Aug 06 2024
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5 answers
1140
How does a 1031 exchange impact your tax strategy?
Could you elaborate on how a 1031 exchange could potentially influence my overall tax planning approach? I'm particularly interested in understanding the potential benefits and drawbacks, as well as any specific rules or regulations that I should be aware of when considering this option. Additionally, how does it compare to other tax-saving strategies, and are there any specific circumstances under which a 1031 exchange would be particularly advantageous?
