To start, I live in Oregon and I am 22 years old. Live with my dad, always have, never could move out, my career never took off. I do odd jobs and gig economy and my income is about $1000/month. $500 of which I have to give my dad for rent and food, but fair enough. I can't afford a real apartment. The rest I save and spend as I please.
I will add, my dad watches my bank account. He does it to make sure I'm saving money for a car and an apartment. I am 100% owner of my account, my dad can't access the money, but we have it set up so he receives a copy of the statements every month.
Anyway I had invested into cryptocurrency a long time ago, back when it was cheap. And my dad knows about it. Well recently I sold part of my cryptocurrency and received $30,000. I have another $40,000 worth of cryptocurrency that I'm holding on to, haven't sold yet.
So in total I won $70,000, of which $30,000 is a realized gain. That $30,000 was deposited into the account, and dad saw the transaction.
He is now demanding that I set aside $10,000 for myself "because that is all I need", set aside enough to pay capital gains tax, and give him the rest of the US Dollars and Cryptocurrency.
He says if I don't then I'm out of the house the first of next month and he won't accept any more of my $500/month rent. Please advise.
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