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If you owe taxes and don't have dollars, but have property, IRS will gladly take that. And I doubt they will look at what type of property it is - a house, a st
by hippich 5y ago
If you owe taxes and don't have dollars, but have property, IRS will gladly take that. And I doubt they will look at what type of property it is - a house, a stock, a crypto.
Except in the last case, if you use your own keys, you have a choice of either going to jail and keeping the money, or giving it away in exchange for your freedom. In all other cases the only option to hold on to the property - is successfully physically fight with law enforcement to defend your rights to the property (which is quite futile for the most of us).