There is much confusion about the rules changes from the new tax law in regards to taxes on bitcoin and other cryptocurrencies in the US, especially in regards to "like-kind exchanges" under section 1031. In this video, I attempt to clarify the available guidance from the IRS and the tax code.
That said, this is not tax advice! No two people's tax situation are the same! Invest in a good local tax professional who can help you figure out how the law applies to your situation! It will be worth it!
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