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by ENGNR 202 days ago
The trick is that the USA steps up the buy price of an asset when you pass away. So if you use cheap loans your whole life, you can defer capital tax until it goes away.

Instead of two certainties in life being death and taxes, it's now death or taxes.

1 comments

I have to congratulate you on the quip at the end there, which I'll steal! Great way to summarise this strategy. Is it an ENGNR original?
Lol thank you. Original as far as I know, most welcome to steal!