How Are Crypto Loans Taxed?
Getting a fiat loan against your appreciated cryptocurrency is a great way to cash out without paying capital gains taxes. In this post, let’s dissect various transactions associated with a crypto-backed loan and understand tax implications.
Original Article Source Credits: Forbes , https://www.forbes.com/
Article Written By: Shehan Chandrasekera
Original Article Posted on: Mar 17, 2021
Link to Original Article: https://www.forbes.com/sites/shehanchandrasekera/2021/03/17/how-are-crypto-loans-taxed/?sh=71b94954135e