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bombcar
on May 26, 2022
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Two thought experiments to evaluate automated stab...
I guess you could try to argue it is a 1031 exchange (but that's now real estate only, basically). I suspect it's much more that less-than-fully-compliant exchanges will only show "inputs and outputs" and not any trades in-between.
https://www.irs.gov/businesses/small-businesses-self-employe...
whimsicalism
on May 26, 2022
[–]
The IRS has offered clear guidance that these sorts of exchanges are taxable events. You could argue all you want, but ultimately it is taxable.
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