Dollar -> Buy bitcoin in US exchange -> send to exchange in China -> sell in Yuan -> exchange to dollars If you realized profit, how does tax work in this case?
Any ideas for investing 200k outside of stock market that would generate some cash flows? Maybe profitable real estate flips? Cash businesses? Anyone want to exchange ideas and maybe profit together?
Nigerian government demands $10 billion from Binance, citing the exchange profited from its "illegal transactions”.
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
For the uninitiated, Mag7 (short for Magnificent 7) is Apple, Amazon, Alphabet, Meta, Nvidia, Tesla, and Microsoft. These companies combined market cap would be the world's second largest stock exchange. https://www.cnbc.com/2024/02/19/magnificent-7-profits-now-exceed-almost-every-country-in-the-wor...Read more
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
Apple now receives an estimated $8 billion to $12 billion in annual payments — up from $1 billion a year in 2014 — in exchange for building Google’s search engine into its products. It is probably the single biggest payment that Google makes to anyone and accounts for 14 to 21 percent of Apple’s ann...Read more
There’s a difference of almost 1k$ between price of single bitcoin in Indian exchange (zebpay) vs coinbase. My friend who bought 7btc in India wants to send it to my coinbase account so that I can sell it and we can share profits. I’m not sure how this would affect my tax computations. Can someone...Read more
The five members allegedly generated millions of dollars in profit by trading confidential information. The US Securities and Exchange Commission (SEC) announced charges levied against the ringleader, Janardhan Nellore, and his friends Sivannarayana Barama, Ganapathi Kunadharaju, Saber Hussain, and...Read more
I am an NRI, and sold a property in India recently. I had to pay a 23% TDS of whole sale amount (75 lakh). I see that India tax rules allow to buy another property (similar to US 1031 exchange rules) or to invest in specific highway bonds of profit amount to allow claiming that tax back when filing ...Read more
Going through a divorce. Long story short I’m keeping all assets in exchange for a long term, very generous rental agreement. Market rate as is is $3500/month, I’m renting to her for $1800/month. She is expected to rent other rooms on the property, if she makes above or below the $1800 the differen...Read more
Hello fellow Blinders, I work in a small non-profit org focused on cultural exchange and after the president's EO on immigration the company income was pretty much reduced to 0 so I am being laid off in a couple days and I am looking for an opportunity to keep myself here in the Bay Area. Relevant...Read more
In Georgia, traders who profited from an hours-long price bug have found their bank accounts locked — and the exchange wants its money back https://blockworks.co/coinbase-users-across-georgia-milk-price-bug-for-100x-profit/ “In late August, prices for cryptos denominated in Georgia’s national curr...Read more
Poll: There is a bad side of crypto. You'll loose money, spending most of the time researching about coins, estimating future value of some xyz coin and getting depressed if it doesnt worked as expected. And lastly Day Trading. IT SUCKS. But you'll eventually learn from it. Most of the newbies do...Read more
I work at a startup with these couple brilliant 10X engineers, much more talented than me and with more experience than me. Yet, I know they make 30% less than me and 25X less equity (!) despite having joined in the same time span. They say they don’t care about comp, they care about doing cool stu...Read more
If I ask you to invest in a very large scale greenhouse/vertical farming project, what’s the max would you be willing to risk on someone you don’t know personally? Either 1. In exchange for a 0.01% equity 2. Or as debt with 15% annual interest conditioned on the company makes profit. Goal of the...Read more
Supposing you are limited to retail trading only, through your basic trading app. The products you could access are retail, exchange-traded ones (no OTC, structured products, hedge fund [...]). What would you get? If you wish to maximize your profits, subject to your own risk aversion profile Had ...Read more
Someone reached out to me asking if I was interested in giving up equity of my business in exchange for what they can bring to the table in regards to sparking growth at a faster pace. The outreach came after a conversation they and I had in a casual social setting with mutual friends. Their appro...Read more
I really want to understand how come people think crypto as an investment option? Regular Stock have tangible assets and an enterprise that strives to make profit and there’s some relation to the price based on which a knowledgeable investor can base their decisions to buy or sell! Something like to...Read more
I was thinking of creating a platform which helps people prepare for LLD/HLD. Unlike coding questions, LLD/HLD questions and solutions are scattered. We have leetcode for coding questions preparations. But not much options are there for LLD/HLD. People have no option but wasting time in searching fo...Read more