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/biz/ - Business & Finance

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5707335

Anonymous Mon Jan 1 01:04:49 2018 No.5707335 [Reply] [Original]

just 2.5x'd XLM

Best way to cash out for canadafags?

>>	Anonymous Mon Jan 1 01:07:36 2018 No.5707404 Toronto here, actually having trouble finding anywhere decent other than the localbitcoins private vendors who'll go btc > paypal. Some of these service sites are fucking robbing you with fees for btc > paypal.

>>	Anonymous Mon Jan 1 01:08:34 2018 No.5707429 why cash out when it will go way, way higher in the coming months? please dont be foolish about this

>>	Anonymous Mon Jan 1 01:08:45 2018 No.5707435 >>5707404 >>5707335 Quadrigacx ya cucks, they got good rates.

>>	Anonymous Mon Jan 1 01:09:10 2018 No.5707449 >>5707335 You'll get taxed 60% of it though

>>	Anonymous Mon Jan 1 01:10:05 2018 No.5707473 >>5707449 Says who?

>>	Anonymous Mon Jan 1 01:11:29 2018 No.5707507 Transfer ETH to Coinsquare and exchange for CAD..

>>	Anonymous Mon Jan 1 01:13:47 2018 No.5707562 >>5707449 That’s not how our tax works.

>>	Anonymous Mon Jan 1 01:14:38 2018 No.5707589 >>5707335 why cash out now??? wait til its at least $#3

>>	Anonymous Mon Jan 1 01:14:42 2018 No.5707590 >>5707507 what are rates like? I'm pulling out 80K CAD

>>	Anonymous Mon Jan 1 01:15:31 2018 No.5707615 >>5707562 Pretty sure cashing out anything counts as your income and you will get taxed for it

>>	Anonymous Mon Jan 1 01:15:45 2018 No.5707625 >>5707589 I'm still in XLM RN but I'm cashing out the absolute second I see a dip. Just wanna be ready to go you feel me?

>>	Anonymous Mon Jan 1 01:16:40 2018 No.5707644 >>5707435 ehh.... are you sure? Sometimes even coinbase has a better rate

>>	Anonymous Mon Jan 1 01:17:39 2018 No.5707672 >>5707615 No it isnt. 50% of the profit gets taxed as capital gains at whatever your tax bracket rate is

>>	Anonymous Mon Jan 1 01:18:58 2018 No.5707700 >>5707615 Yes but it’s capital gains, which only applies to half the total (the other half is tax free), and so that taxed half is at your income tax rate.

>>	Anonymous Mon Jan 1 01:19:01 2018 No.5707704 Coinsquare or quadrigacx is the best Canadian ways to cash out

>>	Anonymous Mon Jan 1 01:19:07 2018 No.5707705 Only fools cash out. Use SALT Lending and get a loan.

>>	Anonymous Mon Jan 1 01:20:06 2018 No.5707723 >>5707672 >>5707700 does long term capital gains apply to us or only burgers?

>>	Anonymous Mon Jan 1 01:31:01 2018 No.5707963 >>5707723 Burgers only as far as i know

>>	Anonymous Mon Jan 1 01:52:21 2018 No.5708461 >>5707644 You can't even cash out on Coinbase with CAD Quadrigacx BOI

>>	Anonymous Mon Jan 1 01:53:23 2018 No.5708477 >>5707672 > at whatever your tax bracket rate is Thank god I'm a neet student that works under the table (freelance coder)

>>	Anonymous Mon Jan 1 02:40:46 2018 No.5709491 >>5707672 >>5707700 Thanks was baiting answers out cause I'm too lazy to look it up myself

>>	Anonymous Mon Jan 1 02:46:07 2018 No.5709586 File: 91 KB, 1024x1024, 1514405118382.png [View same] [iqdb] [saucenao] [google] >>5708461 >tfw still waiting to get verified 3 weeks later

>>	Anonymous Mon Jan 1 02:48:37 2018 No.5709641 >>5709491 TWAS MERELY PRETENDING

>>	Anonymous Mon Jan 1 03:32:30 2018 No.5710449 >>5708477 me too was afraid i would get raped on my taxes I have not withdrawn any money yet

>>	Anonymous Mon Jan 1 03:35:23 2018 No.5710509 >>5709491 I do that too, no worries. Canada actually has pretty nice capital gains laws.