With the low price of Bitcoin, you can take advantage of this tax vulnerability

Price Bitcoin To the bottom of a record level in January, there is an opportunity for some investors Record a tax breakExperts say.

After a Post -election RallyThe leading digital currency has been touched 109,000 dollars on the opening day Before falling in February. As of midday, the price was about $ 84,000, after that Dip less than $ 80,000 overnightAccording to currency standards.

It offers the latest sale of tax planning, including a “loophole” that can disappear Congress tax negotiationsAccording to Andrew Gordon, a tax lawyer, accredited public accountant and head of Gordon Lu Group.

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Strategy, known as “Harvest“It allows you to compensate for profitable investments by selling low assets in mediation or another taxable account. Once your losses exceed the gains, you can offer up to $ 3,000 annually from regular income and bear excessive losses in the coming years.

Experts say that some investors are waiting until December to collect a tax loss, which can be a mistake because the fluctuation of assets, especially for the digital currency, occurs throughout the year.

“You must search for these opportunities constantly and benefit from them when they happen,” Gordon said.

When selling investments, there is a Wash the base of the saleAnd that prevents you from claiming a loss if you replay a “largely identical” origin in a 30 -day window before or after the sale.

But currently, the laundry sale base It does not apply to the encrypted currencyExperts say, which can be useful for the long -term digital currency investors.

Gordon said: “If you are selling, for example, Bitcoin is confused today and then bought them tomorrow, you still have your loss in books,” Gordon said. “This is a very effective strategy for encryption investors because they do not have to get out of their position.”

However, the strategy can disappear in the future as Republicans in Congress are looking for ways to finance the president Donald TrumpTax agenda.

Senteha Centeh Lomes, R and U. And Kirsten Gillbrand, DN.Y. In 2023 a The organizational framework for the encrypted currencyWhich included the closure of a laundry encryption vulnerability. The former president Joe BidenFiscal year 2025 also The proposal included.

Meanwhile, “The Tax Authority gives us this gap. We may also take it.” Previously said cnbc.

Of course, you should always consider investment and schedule goals before implementing the tax strategy.