From: "Jeffrey E." <jeevacation®gmail.com> To: Jeremy Rubin Subject: Re: Question Date: Fri, 01 Sep 2017 22:47:07 +0000 also bitcoin is currently not a currency „ but property , each coin has its own cost basis. . . On Fri, Sep 1, 2017 at 5:52 PM, Jeremy Rubin c wrote: Let's say I open an IRA (regular or Roth). Then I create an LLC that I am CEO of, and sell 100% ownership to the IRA in exchange for purchase $100K in Bitcoin through it. As far as I understand, this is now a kosher Bitcoin retirement fund. But let's say the LLC spends/loses the coins. The value goes down, and my IRA is at a loss, right? But I was able to take the coins out of the LLC without taxes, right? Am I missing a step here or is this an interesting new technique? Best, Jeremy please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation®gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA01036150