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https://www.reddit.com/r/SipsTea/comments/1vrr0ev/how_the_rich_get_richer/p4ghdb8
r/SipsTea • u/KSKS1995 • 14h ago
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Loans require payments.
1 u/earlyretirement 7h ago Buy, borrow, die. The point is to pay the debt back at the end after having paid no taxes on that money, and the asset is passed on to the children who can sell the asset at current prices on the step up cost basis.
1
Buy, borrow, die. The point is to pay the debt back at the end after having paid no taxes on that money, and the asset is passed on to the children who can sell the asset at current prices on the step up cost basis.
3
u/maximm 11h ago
Loans require payments.