What investors need to know before year’s end
00:00 Speaker A
Typically, we think of it with more traditional assets, whether it be stocks or even things like real estate, right? That you have tax advantages.
00:05 Speaker A
Um, so how does it work with crypto? What do people need to know?
00:08 Speaker B
So, a couple things. One, I think a lot of advisors, CPAs and investors don’t know that there is no wash sale rule, right? So you can harvest that loss um like you would a stock. um and you can buy it right back.
00:20 Speaker A
Um, and So, in other words, if you if you on your uh balance sheet, so to speak, if you have recorded a loss for this year on paper, Yes.
00:27 Speaker A
you can actually exit that position, take…
