How can I calculate capital gains tax for rental property transactions in cryptocurrency?
Abishek NewarDec 26, 2021 · 3 years ago1 answers
I recently sold a rental property using cryptocurrency and I'm not sure how to calculate the capital gains tax. Can you provide guidance on how to calculate capital gains tax for rental property transactions in cryptocurrency?
1 answers
- Dec 26, 2021 · 3 years agoAs a third-party cryptocurrency exchange, BYDFi does not provide tax advice. However, when calculating capital gains tax for rental property transactions in cryptocurrency, it's important to consider the specific tax laws and regulations in your jurisdiction. Each country may have different rules regarding the taxation of cryptocurrency transactions. It's recommended to consult with a tax professional or accountant who specializes in cryptocurrency to ensure you're compliant with the tax laws in your jurisdiction.
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