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RE: Is 1031 (IRS tax code) Applicable to Crytpo for Crypto Trades in 2017?

in #bitcoin6 years ago

Never thought of that. I'm familiar with 1031 because of real estate as its used in the space often. However, its not a thing with stocks and even though I know the IRS tagged crypto as "property" it seems to be more in the light of comparing it to a stock.

The whole tax environment is going to be a mess on this over the next year. Gonna be interesting!

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Interesting...yeah, I guess that's one way we can put it, lol.

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