MARK KOHLERMain Street Professionals, Main Street Professionals, Main Street Professionals, Main Street Professionals, Main Street Professionals, LLC · Owner at Main Street Professionals, LLC

How I Helped Someone Save $500,000 On Crypto Taxes

2 Dec 2025 · 1 min

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In this video, Mark Kohler explains how a client saved over $500,000 in taxes by moving unsold cryptocurrency into a Charitable Remainder Unitrust (CRUT). By transferring the crypto to the trust and then selling it, the client avoids immediate capital gains tax. The trust, for which the client serves as the investment trustee, can continue to invest the proceeds tax‑free. The client receives quarterly lifetime distributions calculated as a percentage of the trust’s value, determined by IRS tables based on the beneficiary’s age and gender. The remaining assets ultimately go to charity, providing the donor with a charitable tax deduction. While taxes are owed on the distributions when received, the overall strategy yields a larger, tax‑deferred income stream, asset protection, and a charitable legacy.

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I helped a client just this year save over $500,000 in tax. Take the crypto that you haven't sold yet, you transfer it into a charitable remainder trust and then sell it. There's no tax. The money goes into a trust of which you're the investment trustee. And you can continue to invest it and grow it tax free. And then you're going to get distributions every quarter for the rest of your life based on a percentage, which is based on a table, of your gender and your age. The older you are, the higher the percentage is going to be. The younger you are, the lower the percentage is going to be. Because IRS says you're going to get this money for the rest of your life. If we start throwing out of money, there won't be anything left for a charity when you die. That's called a charitable Remainder unit trust. I've got videos on YouTube about it. Love the strategy. And if any of you are sitting on a huge crypto portfolio and you want to sell it, pay no tax and create a stream of income completely asset protected for the rest of your life and get a tax deduction to do it, it's the charitable Remainder Unit Trust. Now, you will pay tax as you receive distributions, but you're going to have a bigger piece of the bigger pie that's going to be paying you for the rest of your life. So you don't want to take that first haircut.