LogFAQs > #956739565

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Topic	Tax loopholes
Pepys Monster 08/03/21 2:45:46 PM #1:	You can deduct $3000 from your taxes as a capital loss if you buy crypto, go into the red, sell at a $3000 loss, wait one day, and then buy back in. ~~This is not investment advice. Consult with a real tax professional.~~ --- Ryzen 3700X \| Evga GTX 1070 Ti \| 16GB DDR4 3200 \| Crucial MX500 2TB <cite>Pepys Monster posted [p:956739565] in Tax loopho... [t:79596789]...</cite> <quote>You can deduct $3000 from your taxes as a capital loss if you buy crypto, go into the red, sell at a $3000 loss, wait one day, and then buy back in. This is not investment advice. Consult with a real tax professional. --- Ryzen 3700X \| Evga GTX 1070 Ti \| 16GB DDR4 3200 \| Crucial MX500 2TB</quote> ... Copied to Clipboard!
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