5 Ways to Avoid Crypto Taxes - LEGALLY

Cryptocurrency is considered an excellent investment worldwide, but the investors forget that they may have to pay taxes. Crypto is a new fast method to make much amount of money. But there are probabilities that it will turn out to be getting taxed in any way. As we know, the cryptocurrencies are dealt with as belongings consistent with IRS Notice 2014-21, and whenever you exchange or sell the tokens into other cryptocurrencies, a taxable occasion may occur. Thankfully, the US tax code includes a few ways to help crypto investors avoid crypto taxes legally. Let’s talk about a few tracks to avoid tax on your cryptocurrency legally.

The Complete Guide to Investing in Cryptocurrencies and the Best Ways to Trade Them Effectively

0:00 Introduction
0:19 Ways to Avoid Crypto Taxes
1:11 5. Obtain Cryptocurrency in your IRA
1:56 BECOME A TOWNSMAN OF PUERTO RICO
2:46 QUIT YOUR US NATIONALITY
3:41 BUY GIFTS FOR YOUR RELATIVES
4:07 UNLESS IT TURNS INTO LONG TERM

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