So let's say you become very wealthy off crypto

So let's say you become very wealthy off crypto.

How would you go about buying property when it becomes time to prove your income? They usually ask proof of income, but all you did was hold shit for a few years and made 100x on it. With no job.

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Pay your taxes and tell them exactly what you did retard

RLX you dumb faggot

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Only time need proof of income is if you're taking on a mortgage and the bank wants to know Mr. Shekelstein is paying you enough to cover payments.

Mr. Shekelstein buys his houses in cash, no mortgage or banks involved to make him prove anything. Cash is king.

>need proff of income to buy big things
Nice """"""""""""freedom""""""""""""" you got there America

>They usually ask proof of income
Who the fuck is (((they)))? Buying property means you give money to the person who owns it, who typically doesn't give a fuck about your personal life and just wants the agreed upon sum of money regardless of how you procured it. If by "buying property" you mean getting a mortgage, then you're a cuck who deserves to be hounded by the kikes at the bank.

Idk where you live but if you try buying a property here all at once, irs will be wanting to know where the fuck the income came from.

Welcome to America

No they don't you stupid fuck. You just believe that bc some coping poorboy on Jow Forums said it. Do you think the underfunded IRS police are combing through your purchases and your paystubs to see if they match?

Stop saying shit as truth you know nothing about.

t. guy who cashed out to buy a house in cash

Just be discreet about it, fag got

This.

Most people literally just want the money.

There's tons of rich unemployed people who buy houses user.

In the UK, so long as the money can be seen as having been in your bank account for three months, they don't ask where it came from.

Or, in other words, you have to show three months of history for the funds, somewhere or other.

Based user. You clearly have a large penis

>he thinks he won't get v& sometime in the next 10-20 years
>he thinks the IRS "forgets"

you're just in the queue m8

Stop making crypto threads.

But what happens when you have to officially register the change of ownership? I live in the EU and in my country there's a land register where all ownership changes are registered and new owners receive an ownership certificate. Without this certificate and registration you have no proof that the property is yours. The employees of the register are required by law to share data with the state revenue service. So when an unemployed and pennyless fag suddenly becomes a home owner he might get in trouble.

>he thinks the IRS """knows"""" all

also:
>queue
>listening to a coping eurocuck about US property investment. Bye faggot

Why'd you even buy a house? just live with your parents and spend enough money for the baseline standard of living and then inherit the house when they pass away

Only then do you start a paper trail the autismos screech about and pay taxes.
No """checks""" are done during a cash purchase. How tf is IRS going to know you cashed out crypto to buy a house if you cash out in person in cash via friends of froends or localbitcoins?

i was just honest with taxes when i sold my BTC at the start of january. bought for 50 USD, sold for 18000 USD, 17950 USD profit, 5385 USD taxes.

yeah it sucks but it's free money so why risk men with guns showing up at your doorstep?

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i dont want to wait for my parents to croak to get a house, i need a place to take girls to get my cock wet TODAY