Hmmm, just thinking out loud, I guess if you buy BTC, then borrow stables, and then pay back the loan, there's no tax to pay on that, right?
Posted Using LeoFinance Beta
Hmmm, just thinking out loud, I guess if you buy BTC, then borrow stables, and then pay back the loan, there's no tax to pay on that, right?
Posted Using LeoFinance Beta
Technically you would be taxed on any $ of #BTC you sell - but you wouldn't be taxed on any of the loaned DAI
It's almost like holding off on paying taxes until you pay off the debt in the vault
Posted Using LeoFinance Alpha