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As a California resident, this is why I'm holding onto my XRP indefinitely: What are your tax strategies? Obviously only suggest legal tax avoidance maneuvers. I suppose it's ok to talk about "shady" tax dodgers as long as we don't advocate people doing it. My tax strategy involves moving to a jurisdiction with more favorable tax outcomes, but from what I hear the State of California has it's tentacles in you up to 18 months after you move. It also appears that the "like kind" exchange is about to go away. Any other suggestions? UPDATE: Alright I'd like to post an update with some additional thoughts. I know this is morbid, but what about gifting XRP to my grandmother and inheriting it back from her estate? As long as it's not worth more than ~$5million I shouldn't owe any estate taxes. Am I missing something or would this be a legitimate tax strategy? UPDATE #2 Confirmed that this is a legitimate/legal tax strategy if executed correctly.