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Can I take a fiat loan and pay it with crypto revenue without incurring taxes?

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@behiver
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My plan is to take a loan from the bank in order to buy an electric vehicle. I intend to do so as I have some crypto assets earning passively, ensuring paying the rate from their proceedings. But the question is when I exchange crypto for fiat to pay the loan rates, do I need to pay taxes on that? I think yes, as there isn't a direct correlation between the loan and the crypto assets, but I still hope there is a way around it.

I don't want to take a crypto loan as I don't want to put any assets as collateral and I am betting on the loan interest to be lower than the interest I am earning from my crypto assets. So this is a question for those involved with crypto law like @nealmcspadden, @khaleelkazi, @scaredycatguide, or others who might know this domain or have experienced it. So if you have any guidelines on this, that would be greatly appreciated.

Can I take a fiat loan and pay it with crypto revenue without incurring taxes?

While there might be different laws applying in such cases based on the country we are living in, if there is any way or precedence to do so and correlate somehow the fiat loan with the crypto income I am thinking that there should be some similitude to apply that regardless of the borders. Thus if you have any knowledge of this or some other way of bridging these financial instruments, please let me know. I am sure many others are interested of this subject as well.

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