2 ms·
Are there any tax benefits from paying with crypto vs the borrower selling crypto for cash and the lender using that cash to buy crypto? Basis gets set at time
by cwkoss 5y ago
Are there any tax benefits from paying with crypto vs the borrower selling crypto for cash and the lender using that cash to buy crypto?
Basis gets set at time of payment, so borrower would still have to pay capital gains on the appreciated value, right?