How to Cash Out Crypto Without Paying Taxes | 5 Legal Tax Strategies

How can you cash out your crypto without paying taxes? In this video, we’ll walk you through 5 strategies that can help you legally reduce your tax bill when you sell your cryptocurrency. From loans to IRAs and more, these tips can help you keep more of your gains! 🛡️📈 Here’s what we’ll cover: 1️⃣ Take Out a Cryptocurrency Loan - Access funds without triggering capital gains tax. 2️⃣ Hold Your Crypto Long-Term - Lower your tax rate by holding assets for at least 12 months. 3️⃣ Harvest Your Losses - Offset your gains and income with capital losses. 4️⃣ Use a Crypto IRA - Invest for retirement with tax-free or tax-deferred growth. 5️⃣ Move to a Low-Tax State or Country - Extreme, but effective in the right circumstances! 🎁 Bonus Tip: Use CoinLedger to simplify your crypto tax reporting. Avoid penalties, track your tax-loss harvesting opportunities, and generate accurate reports in minutes. Join 500,000+ investors who use CoinLedger to save on taxes! Signup for a free CoinLedger account: https://coinledger.io/ Timestamps 00:00 - Intro: Introduction to reducing taxes on crypto cash-outs 01:08 - Strategy #1: Take Out a Cryptocurrency Loan: Accessing funds without capital gains tax 01:42 - Strategy #2: Hold Your Crypto for the Long-Term: Benefits of long-term capital gains rates 02:13 - Strategy #3: Harvest Losses: How to offset gains with crypto losses 02:49 - Strategy #4: Use a Crypto IRA: Tax-free or tax-deferred growth with crypto IRAs 03:24 - Strategy #5: Move to a Low-Tax State or Country: Exploring residency in low-tax regions 04:09 - Bonus Tip: Get Started with CoinLedger: Overview of CoinLedger’s features and benefits #CryptoTaxes #CoinLedger #Cryptocurrency #Bitcoin #TaxStrategies #CapitalGains #CryptoInvesting #Ethereum