Unfortunately a "loss" cannot be used on "collectibles" for tax purposes....
The moral of the story is that you probably need to be identified as a business OR as an investor(which is somewhat of a new area and largely untested water). From reading the info I posted below, identifying oneself as an investor is fairly straightforward and largely subjective.
Last edited by sb1; 05-04-2022 at 01:56 PM.
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