You are viewing a single comment's thread from:

RE: Why I didn't buy my land with Bitcoin (when I could have)

in LeoFinance3 years ago

Smart choice. You've got to do it by the book. Think of the mess that could result if someone had any grounds for challenging your title many years down the road.

Posted Using LeoFinance Beta

Sort:  

Quite - and I don't really want to encourage any state authorities to take a trip through my crypto transactions! I mean it's all there for public viewing, but there's no sense in actually inviting people to have a look!

Posted Using LeoFinance Beta

Besides, why pay capital gains tax now? Holding long may be advantageous for tax purchases. And if Portugal does not tax crypto gains at all, then selling BTC to fund a land purchase would be totally stupid if possible to avoid.

Posted Using LeoFinance Beta

I agree, that's why I didn't sell any!

Posted Using LeoFinance Beta