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Real Estate Investments and Taxes: What You Need to Know
There are several reasons why you may desire to invest in real estate. Owning property may provide income through appreciation — when the value of the home rises over time — and passive income if you rent it out. It’s also an excellent strategy to diversify your investment portfolio. However, before diving into this, you […]
Cryptocurrency and Real Estate: The Future of Investing
Recently cryptocurrency and real estate have formed somewhat of a relationship together. With the standard benefits of blockchain tokens, like faster transaction times and safety, it’s clear why. The trend to invest in real estate with cryptocurrency has only begun. However, we can see this changing the market forever with further adoption and adaptations. What […]
Cryptocurrency Tax Rules: The Complete Guide
Nowadays, most cryptocurrencies are convertible to fiat currencies, meaning that they act as a medium of a store of value, a unit of account, exchange, and can get substituted for real money. As a result, cryptocurrency is taxable. If you activate a taxable event, you’ll owe tax to the IRS. To learn more about the […]
Understanding Capital Gains Tax: 101 Guide
If you have shares, real estate, or even crypto assets, you might need to pay capital gains tax as each is declared “property” to the IRS. When understanding capital gains tax, you can defer the amount of tax paid. To learn more about this, you must have a fundamental knowledge of the charge.What is capital […]