Are you looking to save money on your crypto taxes? In this video, we'll share the secret wash rule that can help you reduce your tax liability. Learn how to legally and strategically sell and rebuy cryptocurrencies to lower your tax bill. Don't miss out on this money-saving tip! #CryptoTaxes #TaxHacks
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00:00You pay a lot in taxes for your crypto trading last year? If you did, outside of filing for an LLC in a specific NAICS code that I gave you in another video, you should also take advantage of the wash rule. What is the wash rule? If you're down, you can sell and buy back, and you get to take that capital loss on your taxes.