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RE: Exploring 'Sensible Stable Pools' on Polygon...

in LeoFinance3 years ago

If something goes into stables I kind of see that as 'taking profit' - they are just waiting to be cashed out whenever.

For tax purposes I cash out less than £12K a year because that's the capital gains threshold! So most of my stables are sitting there, waiting for the next cash year, or the next and so on....

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Really,, up to £12,000 pounds!
I think that’s $24,000 to $25,000 USD.
That’s am amazing tax break!
If only we had that in the US! 🙏

i think it's a bit less unless the dollar really is deflating that much? I thought it was nearer $19!