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RE: Today in Bitcoin (2017-07-03) - Colombia, Goldman Sachs Bullish and Smart Contracts, ICOs

in #bitcoin8 years ago

I wonder what the tax situation was on selling the house for BTC? I do believe crypto currency is the future of money but I am worried about the tax issues with it.

As I'm getting a bit older my main focus for crypto right now is as a supplement to my retirement funds. Since I paid taxes on the money I moved into crypto when I got paid, am I going to get hit with taxes again when I pull it out to spend it when I retire?

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