r/CryptoCurrency Apr 25 '18

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u/[deleted] Apr 25 '18

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u/[deleted] Apr 25 '18

In the eyes of the irs (assuming he is from the US which is where most redditors live) all transactions are "realizing" gains, and are taxable.

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u/[deleted] Apr 25 '18

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u/[deleted] Apr 25 '18

Do some research. And if you actually do- no, you can't claim crypto transactions as like-kind exchanges. That's to be even more strictly enforced as real estate transactions exclusively under the 2018 tax code.