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Likely the government will determine the value of the house, deem your disposition of the Bitcoin to be equivalent to that , convert to USD and send you a tax b
by mmastrac 5y ago
Likely the government will determine the value of the house, deem your disposition of the Bitcoin to be equivalent to that , convert to USD and send you a tax bill.
This is pretty common around the world: barter doesn't get around taxes (at least at large enough sums)