Re:IRS sends warning letters to more than 10k cryptocurrency...
by nihonde on Friday July 26, 2019 @09:24PM
(#20539797)
1031 is for profits.
As far as I know, you can still take a loss, then re-purchase at FMV, and claim the loss, even though you end up with the same assets in your portfolio.
As far as I know, you can still take a loss, then re-purchase at FMV, and claim the loss, even though you end up with the same assets in your portfolio.