Delay Taxes on Bitcoin Gains Until 2027! (reddit.com)

In the recent tax reform bill, Congress included a provision to incentivize investment in low-income communities. The new provision allows for delay of taxes on income from the sale of property (such as BTC) if you re-invest the gains into a Qualified Opportunity Fund within 6 months (180 days). This allows you to cash out your BTC profit, reinvest the sale proceeds, and delay paying any taxes on the gain from the original sale until 2027 (2026 tax year). More information to come, but to…

Bitcoin

PSA: Coinbase large transfer 72 hour mandatory delay period. Move your coins now. You are out of time.

Folks, Coinbase has a 72 hour delay period if you are moving a considerable amount of coins off their exchange. If you plan on moving coins off before the fork, please do it right now. I did. I'm delayed. I want to help others not miss the end of month deadline. Cheers.

submitted by /u/American_Pegasaurus
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Bitcoin