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merth
357 days ago
They do not need to service debt using taxable income, they can roll it over indefinitely or until death, at which point the tax obligation disappears due to the stepped-up basis (capital gains reset on death)
1 comments
jazzyjackson
356 days ago
I don't know what you mean by "roll it over", take out more loans to pay the previous ones? Just not make payments?
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