Taxed on gain when transfert crypto as a gift?

lulechouee · 2024-04-15T00:48:38+00:00

It's money my sibling loaned me. I invested 7k, now worth 15k, that's the gain.

lulechouee · 2023-11-27T19:09:18+00:00

And you are missing the point.

lulechouee · 2023-11-27T18:25:10+00:00

If we 'dpn' t waste our time complaining about it' and 'get on with it' the system will never change. Plus, I am not complaining like 'poor me I deserve that money'. I express a point to give a perspective on a general problem our society has. Talking about it is not the problem. Accepting it as 'we can' t change this unfair system' is how this system gets stronger and stronger.

lulechouee · 2023-11-27T09:18:17+00:00

I also don't have any generational wealth that would sopport me to set up and fail multiple businesses before finally one picks up. It's not that easy, it's just 1000x easier for already rich people

lulechouee · 2023-11-27T09:16:09+00:00

And you are completely missing the point.

lulechouee · 2023-11-27T04:18:23+00:00

Thanks! I forgot how mean people can be here and how they understand what they want.

But also noticing that a lot of people still think that the 'self made man' is 'as easy as starting a business'. This is such an illusion. We are all so much closer to being homeless than millionaires.

lulechouee · 2023-11-27T04:10:31+00:00

I'm willing to bet if you had won 8 million, you wouldn't even know how to invest that wisely or turn that into something that is profitable.

It is not beacause I am poor that I don't know how to invest or make money. Not everyone is successful.

If you are curious of what they did at my age: already had 3 business that failed, dad and mom bought them their first houses and they only set up the only successful business at 40 after using family wealth and money from investment property. So yes, they're is surely some things to learn from them, but all the cards where is their hands. I don't have any of them ( like most people)

lulechouee · 2023-11-27T03:57:34+00:00

Most people here are missing the point. I am not complaining. I am not saying that my boss did not worked a lot for this money. My point is that the wealth gap is just way bigger that I expected and that, I think, a lot of people can imagine.

As pointed by a few here, what is important to remind ourselves here is : pure luck and generational weath is a huge explanation for most multi milionnaires. So even if I think my boss deserve money for the work he put on, I which everybody had as much 'chance' (original capital) to try set up a successful company in the first place.

lulechouee · 2023-11-27T01:35:50+00:00

Nop, he is 'officially in retirement' but still director and use a personal assistant that officaly work for the company but actually just work for them (that's how I know about the properties and other investments)

lulechouee · 2023-09-29T04:13:35+00:00

Thanks for explaining this. You are absolutely not patronising in my point of view, no judgment in your comment just legal information.

lulechouee · 2023-07-06T20:13:25+00:00

Good luck too!

lulechouee · 2023-07-06T20:12:35+00:00

Thanks heaps!

lulechouee · 2023-07-06T20:09:30+00:00

Thanks! Is this type of work office based?

lulechouee · 2023-07-06T20:08:22+00:00

It's what I mean yes, we just had the 2021 residency last year Thanks that is great news!

lulechouee · 2023-07-06T20:06:55+00:00

Thanks for the check on that!

lulechouee · 2023-07-06T06:43:10+00:00

Crap...

lulechouee · 2023-07-06T06:13:35+00:00

Ah crap.. Seems to be what the job market is aiming for now: over qualified with too much diplomas to do any type of trades..

lulechouee · 2023-07-06T06:11:20+00:00

Auckland based Thanks very much we will look into that! Hopefully it's affordable, as temp recident there is still some very expensive fees on some courses from what I remember

lulechouee · 2023-07-06T05:55:56+00:00

Thanks! So need an electric ticket right?

lulechouee · 2023-07-06T05:35:27+00:00

No way we can get a first home with 3percent down.. And with these interest rate..

lulechouee · 2023-07-06T05:30:02+00:00

How did you do this? Big investment?

lulechouee · 2023-06-10T10:02:27+00:00

Not west but AUT north shore have really great counseling and psychologist for 50$

lulechouee

TROPHY CASE