Cryptocurrency Q&A
Is Bitcoin real property?
Is Bitcoin real property?
Chloe_thompson_artist
Wed Dec 18 2024
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6 answers
2042
I'm curious about the legal status of Bitcoin. Specifically, I want to know if Bitcoin is considered as real property in the eyes of the law. Can someone clarify this for me?
6 answers
BonsaiVitality
Thu Dec 19 2024
This is necessary for tax reporting purposes.
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QuasarPulse
Thu Dec 19 2024
Bitcoin has received a classification from the IRS.
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Silvia
Thu Dec 19 2024
When engaging in retail transactions using Bitcoin, such as buying or selling goods, capital gains tax may be incurred.
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DigitalDynastyQueen
Thu Dec 19 2024
It has been deemed an asset akin to property.
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Caterina
Thu Dec 19 2024
Consequently, Bitcoin is taxed in a similar manner.
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