Yeah but if I borrow on it, I have to pay interest every month
2025-09-18 01:14:01
11
VivianP :
No trusts? Wouldn’t trusts make the transfer easier? Wouldn’t heirs pay inheritance tax?
2025-09-17 22:40:03
4
Georgie :
Property tax, upkeep, staff furnish, capital gaines, estate tax. Wtf are you talking about?
2026-03-09 17:18:27
0
battleship20 :
Paying interest aren’t you though?
2025-09-29 07:08:55
0
Zarya :
Also remember it could be worth $9M today but stock market it’s unpredictable. If you don’t take money out you could end up with $0 tomorrow. So while the advise is good, it’s a very high risk
2025-09-26 19:29:21
0
LawBites :
Earned wages aren’t what is taxed by code, specifically sec 61. Gross income, the start of liability calculation, doesn’t consist of remuneration. We actually create the liability ourselves by not filing our paperwork right. While what she’s saying isn’t wrong, it is also unnecessary.
2025-09-18 03:55:50
1
Brian Boyd | Tax Attorney :
What do you think of this advice?
2025-09-17 20:57:30
0
Zarya :
How do you borrow against it?
2025-09-26 19:27:44
0
Tony Roberts :
All you need is $1,000,000 to start and then wait for that to 10X via the stock market (24 years at 10% a year) to make all this happen. No sweat!