Would you purchase Real Estate with Cryptocurrency?

[RyanPhillipsProperties]

I'm curious—would you buy real estate using cryptocurrency? With more sellers and platforms accepting Bitcoin, Ethereum, and stablecoins, it’s becoming a real option.

Would you go for it, or do you see issues like volatility, taxes, or legal concerns? If you have experience with crypto real estate deals, I’d love to hear your thoughts!

Looking forward to your insights. 🚀🏡

[boyptc]

It's going to be a sad moment to let go of the BTC holdings that I have but as long as I won't sell them all for a real estate, that will be fine.

I'll still hold and I think it's an ease of transaction if the property that I like to acquire can be purchased with Bitcoin or any other crypto that I have.

But I think, the process might be at ease but the taxes, I don't know yet on how it will go since I haven't done this personally.

[RyanPhillipsProperties]

It's going to be a sad moment to let go of the BTC holdings that I have but as long as I won't sell them all for a real estate, that will be fine.

I'll still hold and I think it's an ease of transaction if the property that I like to acquire can be purchased with Bitcoin or any other crypto that I have.

But I think, the process might be at ease but the taxes, I don't know yet on how it will go since I haven't done this personally.

Thank you for the response

It is possible now to get many coins converted to fiat and sent to an Escrow Agent/Attorney to close on homes.
A couple of us here in NC figured it out.

 

[Patikno]

I'm curious—would you buy real estate using cryptocurrency? With more sellers and platforms accepting Bitcoin, Ethereum, and stablecoins, it’s becoming a real option.

Would you go for it, or do you see issues like volatility, taxes, or legal concerns? If you have experience with crypto real estate deals, I’d love to hear your thoughts!

Looking forward to your insights. 🚀🏡

Well, first of all I will answer with the assumption that I have the ability to do so. As long as the seller can accept it without involving Bank and other fees, I think it is acceptable for me. I don't know if it is possible outside my country, but as far as I know it is possible in my Country. But on the other hand, I feel it is not right to exchange a much more valuable asset like Bitcoin for exchange, unless you have so many other savings and it is only a few percent of the total, So I choose number 5 from OP question.

[SANATA7]

Yes rather than no. My friends have the experience of buying a car from Korea for the crypt. Real estate seems a little more complicated to me, although the principle is the same. If there is a demand, why not. It is no longer a secret that digital money and crypto are the next stage of economic development. So sooner or later we will all come to this kind of payment.

[letteredhub]

It's going to be a sad moment to let go of the BTC holdings that I have but as long as I won't sell them all for a real estate, that will be fine.

I'll still hold and I think it's an ease of transaction if the property that I like to acquire can be purchased with Bitcoin or any other crypto that I have.

But I think, the process might be at ease but the taxes, I don't know yet on how it will go since I haven't done this personally.

Truly going to be sad though but if we check it in another way it's a way of diversifying our investments provided the amount to get the very estate doesn't demand all of your BTC.
Crypto transactions has been a number one transaction I get excited making because of the simplicity in the process particularly across borders. The taxes would depend on the country, different countries with their different tax policies on crypto. In my country specifically am not sure the government has started collecting taxes for cryptocurrency transactions.

[cryptoaddictchie]

I'm curious—would you buy real estate using cryptocurrency? With more sellers and platforms accepting Bitcoin, Ethereum, and stablecoins, it’s becoming a real option.

Would you go for it, or do you see issues like volatility, taxes, or legal concerns? If you have experience with crypto real estate deals, I’d love to hear your thoughts!

Looking forward to your insights. 🚀🏡

As for me if theres a company, developer, or owner of a lot that accepts it why not. It wouls be easier and a good adoption of crypto. But that would be tough since most developers only accept fiat money and would be suspicious if you pay crypto. Im talking about in our country but in other countries probably this is already happening.

[SFR10]

I'm curious—would you buy real estate using cryptocurrency? With more sellers and platforms accepting Bitcoin, Ethereum, and stablecoins, it’s becoming a real option.

The main issue isn't sellers or platforms that don't support it, but rather the legal issues that sooner or later will arise with these kinds of deals and I'm only referring to countries or places that such deals are considered valid ^{[the more people/platforms involved in the mix, the more issues you might face one day]}!

[MusaPk]

The main issue isn't sellers or platforms that don't support it, but rather the legal issues that sooner or later will arise with these kinds of deals and I'm only referring to countries or places that such deals are considered valid ^{[the more people/platforms involved in the mix, the more issues you might face one day]}!

I am also from a country where crypto is banned and government take strict action against anyone involved in buying and selling of crypto. So such option is not valid for us.

But if I have the option of buying real estate with my Bitcoin for investment purpose then I will stay away from that because Bitcoin is more valuable asset then real estate. The worth of bitcoin is increasing exponentially with time that's why it's better to hodl your bitcoin rather then exchanging them with real world asset like real estate.

It's a kind of blessing in disguise for me that crypto trading is banned in my country, I have no other option but to hodl my bitcoin.

[cryptoaddictchie]

But if I have the option of buying real estate with my Bitcoin for investment purpose then I will stay away from that because Bitcoin is more valuable asset then real estate. The worth of bitcoin is increasing exponentially with time that's why it's better to hodl your bitcoin rather then exchanging them with real world asset like real estate.

Partly youre right that it could do good since bitcoin value can increase in future but real estate too is same like bitcoin, you buy it and it also increases it value. Never seen a lot or house loses its value in time since like bitcoin its also a necessity and appreciate its value too in due time. In my opinion, doing both is better. Not against bitcoin but real estate is also something worth for if in any case we would trade our asset for that. Also it can generate revenue through rentals or new system right now like airbnb.

[pawanjain]

Yes, I mean, why not. As long as the other person is willing to accept crypto I will be more than happy to make a part payment in crypto.
Obviously I am not going to use all of my crypto for buying real estate but I can surely use a small portion of my portfolio.
Payments in crypto are easy and hassle free. Banks on the other hand have so many types of fees included while making the transactions.

[Solosanz]

I have no idea with users who voted this.

Only if the seller accepts crypto directly. Avoiding banks and conversion fees is a big plus.

Like, what you expect? do you mean you want to purchase real estate without making the centralized entity know if you purchase real estate? you have to reach centralized entity in order to make title transfer document and other legal documents.

Will the centralized entity believe if the previous owner just "giveaway" his real estate to unknown person (doesn't have family relationship)? nah.

It was an imagination if it went well, what about the real estate's owner is a scammer?

[RyanPhillipsProperties]

I'm curious—would you buy real estate using cryptocurrency? With more sellers and platforms accepting Bitcoin, Ethereum, and stablecoins, it’s becoming a real option.

Would you go for it, or do you see issues like volatility, taxes, or legal concerns? If you have experience with crypto real estate deals, I’d love to hear your thoughts!

Looking forward to your insights. 🚀🏡

Well, first of all I will answer with the assumption that I have the ability to do so. As long as the seller can accept it without involving Bank and other fees, I think it is acceptable for me. I don't know if it is possible outside my country, but as far as I know it is possible in my Country. But on the other hand, I feel it is not right to exchange a much more valuable asset like Bitcoin for exchange, unless you have so many other savings and it is only a few percent of the total, So I choose number 5 from OP question.

Thank you for the input.

[nakamura12]

If I have the money to buy real estate then I would buy using cryptocurreny if only the seller would accept cryptocurreny as payment but if not then I'd use fiat. Well, for me I would also check if there won't be any problem if I bought it is that I won't have to face legal concerns or that will make the transaction suspicious. For me, my first option would be using fiat and cryptocurreny is the secondary choice as some sellers might not accept cryptocurreny as payment for the real estate.

[RyanPhillipsProperties]

But if I have the option of buying real estate with my Bitcoin for investment purpose then I will stay away from that because Bitcoin is more valuable asset then real estate. The worth of bitcoin is increasing exponentially with time that's why it's better to hodl your bitcoin rather then exchanging them with real world asset like real estate.

Partly youre right that it could do good since bitcoin value can increase in future but real estate too is same like bitcoin, you buy it and it also increases it value. Never seen a lot or house loses its value in time since like bitcoin its also a necessity and appreciate its value too in due time. In my opinion, doing both is better. Not against bitcoin but real estate is also something worth for if in any case we would trade our asset for that. Also it can generate revenue through rentals or new system right now like airbnb.

You make great points. Both are great investments. Thank you for your response.

[Proty]

I would never think of using the bitcoin in my portfolio to buy real estate unless if I have accumulated as much bitcoin and even after purchasing the real estate assets I should still be left with a reasonable amount of bitcoin in my portfolio because I would never want to become a no coiner .lastly the transaction fees is also one thing that should be put into consideration.

[cryptoaddictchie]

You make great points. Both are great investments. Thank you for your response.

Yes no problem. Plus have you seen a real state property depreciate, this only happened when theres recession or global crisis like the pandemic where people doesnt have money and needed to sell their property for it. Like what happened during covid which lots of houses and property needed to sold due to that.

I would never think of using the bitcoin in my portfolio to buy real estate unless if I have accumulated as much bitcoin and even after purchasing the real estate assets I should still be left with a reasonable amount of bitcoin in my portfolio because I would never want to become a no coiner .lastly the transaction fees is also one thing that should be put into consideration.

If you are in crypto youll definitely needed some left overs cause one doing crypto would never go out unless he called it or retired from it.

[RyanPhillipsProperties]

I would never think of using the bitcoin in my portfolio to buy real estate unless if I have accumulated as much bitcoin and even after purchasing the real estate assets I should still be left with a reasonable amount of bitcoin in my portfolio because I would never want to become a no coiner .lastly the transaction fees is also one thing that should be put into consideration.

Thanks for the response.

The way it is most likely done at this point (in my state of NC and probably most states) is the person with the Crypto assets, finds a property, say $2,000,000 and needs to get the conversion done for the particular coin they want to use. The conversion escrow company that would be used has a conversion fee of 1%. This gets the conversion done and fiat then sent to the closing attorney as fiat currency. Of course, all buyers will have to get the tax issues worked out with their CPA.

Until Digital Assets are more mainstream (possibly 5-10 years), this will be the way to make it happen.

[btcltcdigger]

I'm curious—would you buy real estate using cryptocurrency? With more sellers and platforms accepting Bitcoin, Ethereum, and stablecoins, it’s becoming a real option.

Would you go for it, or do you see issues like volatility, taxes, or legal concerns? If you have experience with crypto real estate deals, I’d love to hear your thoughts!

Looking forward to your insights. 🚀🏡

Yes, yes and yes. I've been doing it since 2019 actually. There's a project that sells fractional tokenized real-estate, and it's pretty popular. Houses are sold within minutes and you get weekly rent from them.
Awesome passive income stream if you ask me. PM me for refferal code if you want to get deeper into the rabbit hole

[kawetsriyanto]

Unfortunately, crypto is still not accepted as a payment tool in every country in the world. In my country, it is illegal to pay any goods or services with crypto coins. So, there is no way to purchase Real Estate with Bitcoin or any altcoins. Here, we only have an option that we convert our crypto coins in local exchange to our national currency (Rupiah). Then we can purchase any good or service, including Real Estate.