Crypto rent payments

[Bryce V.]

Can I accept crypto currency as rent payment through my llc?

[Andres Vanegas]

If you would've taken Bitcoin five years ago when it was 450 dollars and rent was 900 bucks and left it as Bitcoin you would have close to 120k right now. That is for one month! I'm also excited to see what your portfolio will look like in 5 years when you accept crypto! 

@Nathan Gesner - definitely right! There is some, maybe substantial, risk there! Other issue is paying mortgage, taxes, utilities, and repairs. Most of these companies/vendors will not accept crypto so you will need to dissolve some crypto received into cash through a fiat exchange like Coinbase or Kraken. Tax season will be interesting since your crypto is taxed as a property asset - not entirely sure how that would work. Your "pure" cash flow, even your reserves if you wanted, could be in crypto which will leave it subject to market fluctuations.  You are on the frontlines of a novel industry so a lot of this stuff has not been done/determined yet. No risk no reward though!