Recent content by hallcall

Deal with tax office through lawyer = history of whatever is findable (sales, trades, CEX history) over the past x years has been provided and used with an accountant to calculate tax. You can't get much more "by the books" than having an expensive lawyer, crypto accountant, and the actual tax...

Yes pretty much this. I doubt the Delaware llc path here is going to work. I have consulted with some local law folks on Option 6. The important points (nothing new really, just the obvious things): - One is already in problems with tax from not declaring trades when they happened over the...

Thanks for the thoughts! Can you elaborate on the risks of establishing a corp offshore somewhere and have the corp be the owner of the crypto? Are you referring to moving the funds to the corp in the first place? yeah I figured as much. And why I want to do this as legal as possible and...

I can’t buy property with bitcoin, pay off a mortgage or access any of the things that require the traditional finance world like big purchases. (Personally I don’t believe in crypto anymore and want out while it’s still pumping)

Long time lurker, finally signed up, the other crypto related cashing out post inspired me to post here as well. If too similar Feel free to just close. Following: made over $1m (closer to 1.5) in crypto. Some of it trading, some with making NFTs, some with making coins. Nothing illegal, but...