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RE: Why It Makes Sense To Pay A Premium For Steem Dollars

in #crypto7 years ago (edited)

Upon further research, it seems like it's not really clear one way or the other. Here's an informative post on it. Damn, taxes are confusing! https://steemit.com/tax/@lpfaust/us-tax-considerations-crypto-to-crypto-trades-trading-bitcoin-and-altcoins

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Honestly, I would not trust a CPA who would suggest that transacting one property into another is not taxable (aside from the very limited, very specific circumstances of 1031 transfers). Be careful...

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