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Michael 🎩🔄
@amesm
Best ways to pay less in US taxes after making money in crypto?
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Ivan
@ivanz
Never sell is a common tax strategy. Some investment firms are able to lend you against your crypto, and potentially earn yield on it to reduce the interest expense. That's what a lot of founders/executives with sizeable stocks already do. A prime example is Elon Musk borrowing against Tesla stock to fund other initiatives. On the flip side, that's how lots of crypto funds blew up in 2022. It's has its risks.
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