> For the complete documentation index, see [llms.txt](https://bnbdao.gitbook.io/faq/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://bnbdao.gitbook.io/faq/what-are-the-tax-implications.md).

# What are the tax implications?

Cryptocurrency is treated as a commodity and a property depending on the circumstance. The LLC that one owns by holding realDAO tokens is considered a real estate asset, therefore this token is considered a security by US tax law.

<br>