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RE: Splinterlands Town Hall Summary - December 17th, 2021 - 9AM Eastern!

in Splinterlands3 years ago

Some would be ordinary an some capital gains. Likely passive so if you have interests in apartment complexes all over the passive loses would net out leaving no taxes due. But the taxes will be a lot more complex bc you have the initial tokens, liquidity mining , air drop - sps , vouchers, each card etc. Every asset is taxed when you receive it as ordinary income I believe and when you sell it as a cap gain.

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Sounds like the tokens are basically treated as a dividend-paying common stock.

Now we are into territory that is beyond my current level of proficiency.

It is great to get all of that passively. 👍