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Chicago, IL
Posts: 4 since Aug 2014
Thanks Given: 0
Thanks Received: 1
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Hey you guys,
I have a question my partner and I can't agree on. We are both holding physical currencies as investments but can't get a solid answer on how they are taxed. Does long and short term cap gains apply to this? If we hold it over a year does the tax consequence get reduced or is it always taxed as ordinary income?
Again, were actually holding the paper.
Best wishes.
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