Since IRS treats cryptocurrency as a property and any gains from crypto if reinvested in less than 180 days can be exempted from capital gains tax?? Did anyone did this in recent years?
I am planning to diversify my stock portfolio from a single stock to a booglehead style 3 fund protfolio. I want to avoid the capital gains tax that I will incur after selling my stocks. I will gain around 60k in profits. My net work is below 1M so I don’t think I qualify for exchange funds. #tax ...Read more
I started trading crypto in 2017 using multiple exchanges and put everything in a ledger wallet since. I’ve been wanting to cash out for a while but the problem is I’ve traded and swapped them so many times with shitcoins, BTC and Etherium it’s impossible for me to show the cost basis of each trade ...Read more
I have backing for a startup idea. One offer is the standard seed capital in exchange for equity. The other is no ownership but 30% profit share. Benefits of profit share is easy access to capital, security (paying a very reasonable base salary) and resources (assistance with accounting, admin supp...Read more
I would like to know whether it’s possible to convert my vested stocks into stocks/ETFs/Bonds without incurring the capital gains tax. I don’t mind the subsequent capital gains tax. Just if I can skip it when converting from RSUs to other instruments. Currently, the only option I see is to have them...Read more
YC takes 7% of any startup wanting to join, and in exchange, the firm invests $125,000. For a SWE/PM at MAGA or a company like Snap, Uber, etc, 125k is arguably not a lot of capital but 7% is a lot of equity.
I recently received an offer from ICE ( inter continental exchange)? How's the tech/WLB here in India Hyderabad team. Feel free to DM me😊 TC from ICE: 34 Fixed+ 3 variable YOE : 5.5 Also waiting for an offer from Capital one
Say X works for Google and wants to sell his RSU to buy MSFT. In current brokerage system, it hits tax on the capital gain. Wonder why no brokerage allows exchanging the equity without hitting a tax. Example, say Y works for Microsoft and plans selling her RSU to buy GOOG. X and Y can exchanges th...Read more
1M cash right now In exchange for… A permanent 75k nerf on TC when TC >300k Note in the latter case, the effect would be up to 40k loss in income post-tax when considering marginal taxes. So it would take 25 years for you to get 1M this way. In the former case, you could get 5-10% returns comp
Has anyone done a DST 1031 exchange? I have an investment property which has a mortgage of 400k. The current value of the property is around 800k. I originally bought it for 375k and then did a cash-out refi. Now I am planning on doing a 1031 exchange but realized that I will be paying taxes on the ...Read more
Rookie here.. 1. Where can I learn about Crypto & it's investments. 2. Are these real money or just on paper ? 3. Any minimum $ to start with ? 4. Is it worth starting now (ofcourse after understanding it) 5. How risky it is compared to regular stock exchange. 6. how about Taxes? is it same like c...Read more
How would you minimize capital gains tax? Supposed you bought a house and lived there for many years. You kids attended school and so on. Then your job locations changes and you have to move to the area with the same house prices as yours. But if you sell your house you will be short of capital gain...Read more
In the years before 2020, home buying was generally a sensible financial trade off - you lock in capital and give up housing flexibility, in exchange for a slightly better deal on space. Rent vs own calculation was slightly skewed in favor of own as you are assuming all the risk & maintenance work. ...Read more
Should we pay tax in USA while selling RSU which vested while working in India(but are listed in US stock exchange).Tax was already paid in India while vesting.So,should I pay just capital gains if I sell the RSU while staying in USA.Can I get tax exemption by submitting form 1116?
Friend had a rental home in Bay Area; based on someone’s suggestion he did a 1031 exchange to a new home (sold the old one) and moved into new one, questions, - is he entitled to pay capital gains tax on the gain upon sell-transaction - if yes, is there any alternative to avoid it.. Anyone ...Read more
Who owns one? How’s it going? How many hours per month are you spending on it? And pointers, cautions, or other learnings? I should add that I currently has a profitable rental. It has appreciated quite a bit and I’d like to avoid the capital gains by doing a 1031 exchange with the idea that eventu...Read more
I am a progressive HR practitioner and founder of HumInt Labs, a human capital management consultancy. I saw an opportunity to build the next Bloomberg Terminal but for human capital data to enable investors, boards, execs and HR to better diagnose, triage, value and invest in companies and workfo...Read more
Investing in startups can be done in multiple ways such as by investing through financial capital or by providing the needed technical skills by joining in a particular growth phase of the startup in exchange for shares. Focusing on the latter, for those who are experienced in investing in startups...Read more
I bought some bitcoin on Coinbase about 3 years back and moved them to a hardware wallet. Now, I am planning to permanently relocate to India for personal reasons. 1. Can I keep my bitcoin and sell it off after may be 1 year on an Indian exchange? 2. Do I have to pay any tax to US government on ga...Read more
As you likely know already, return-to-office policies can vary based on your job, department or location. We surveyed finance, operations and HR professionals in Blind’s community of over 9 million verified professionals to find out companies’ policies and in-office or hybrid work schedules. As a...Read more