Tampa_Dude · Tin ✭

Concerning redemption of BitGold gold for gold bullion/gold coins should be considered a like-exchange. So no tax is due upon such a redemption from BitGold. Your BitGold basis carries over as the basis for your gold bullion/gold coins. Exchanging BitGold Gold for silver bullion/silver coins is an issue I have not researched. http://www.exeter1031.com/1031_exchange_revenue_ruling_82-96.aspx I'm not a lawyer or an accountant.

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