Re:The IRS Is Coming for Crypto Investors Who Haven’t Paid T...
by rawtxapp on Friday May 14, 2021 @11:46AM
(#27155491)
Not sure I understand what you mean, you only have 1 730k which you've borrowed. Interest rates are a drop in the bucket (~4%) compared to ~25-40% tax rates and that's ignoring asset appreciation (BTC averages ~300% YoY). If you use something like makerdao, you won't even have to pay a single cent of the debt back as long as you borrow conservatively and don't need your collateral back.
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Re:The IRS Is Coming for Crypto Investors Who Haven’t Paid T...
by pinkfairy10 on Saturday May 15, 2021 @09:54AM
(#27165262)
This assumes BTC goes up every year tho