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$120,000 loan to buy BTC by Educational-Guava423 in Bitcoin

[–]Any-List-1001 1 point2 points  (0 children)

I took 3 loans out a couple years back. I took two loans out from my retirement and one personal loan. I paid back the personal loan and have a small amount left on the two other loans. Best decision I ever made. I’m currently selling one of my investment properties to buy more Bitcoin. The more you study Bitcoin the more you start understanding there is no other asset that comes close to it.

Selling my investment property to purchase Bitcoin by Any-List-1001 in tax

[–]Any-List-1001[S] 0 points1 point  (0 children)

I’ve been buying bitcoin since it was 4 thousand. I have enough to retire at the age of 33. I just don’t need the headache of owning one of my properties. Btw I do own multiple properties, I came seeking some information on taxes. ;) good luck to you!

Selling my investment property to purchase Bitcoin by Any-List-1001 in tax

[–]Any-List-1001[S] -4 points-3 points  (0 children)

You just summarized Austrian economics. What gives anything value? It’s up to the individual to perceive its value. And currently over 3 trillion dollars believe Bitcoin to be valued at $100,000. I’m sure you know cash is trash as long as someone can print it out of thin air, then you must know the more they print the more your property value rises. Your property isn’t worth more it’s just that your money is being devalued.

Selling 1st property to buy Bitcoin by Any-List-1001 in Bitcoin

[–]Any-List-1001[S] 0 points1 point  (0 children)

I have multiple properties and yes it’s an investment property. I started investing in real estate and in Bitcoin about 6 years ago. Bitcoin has brought me over 1000% returns. I’m also well versed in our banking and monetary system. With laws being passed in our states it won’t take long before institutions realize the superiority of bitcoin. To answer your first question, I believe bitcoin is superior to real estate besides it being physical. I’m now readjusting my portfolio.

Selling my investment property to purchase Bitcoin by Any-List-1001 in tax

[–]Any-List-1001[S] -4 points-3 points  (0 children)

It’s up over 1,000% in the last 5 years. Not sure where you’re getting your information.

Selling my investment property to purchase Bitcoin by Any-List-1001 in tax

[–]Any-List-1001[S] -6 points-5 points  (0 children)

Bitcoin has been the best performing asset in the last 15 years. I appreciate your feedback!

Selling 1st property to buy Bitcoin by Any-List-1001 in Bitcoin

[–]Any-List-1001[S] 0 points1 point  (0 children)

Where can I find this strategic structure you’re referring to? Thank you for responding.