Capital gains offset through real estate and cost segregation
There's the potential of having a relatively large capital gains tax through my crypto investing as I take profits this year, which is taxed the same as stock. I'm curious if there's the potential to instead use the money to go towards the purchase of investment property, cost segmentation, and accelerated depreciation vs. just eating the tax bill. It sounds like this "loophole" might be closed through PAL, but I'm hoping someone can clarify if that's the case or if there are any other unique ideas. I understand that's a lot of moving pieces that have to fall in place, but just looking for some ideas. Thanks!