Quick Thoughts
Region: US
Friday 13 November 2026 18:41:01 GMT
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Görgey🇭🇺 :
Banks don't do free loans, even for rich
2026-11-13 19:10:33
91
max.killam :
As someone with a semi wealthy father who knows VERY wealthy people buy borrow die definitely works
2026-11-13 20:53:20
9
Andrew Ziegler :
I always wondered how those loans got paid back if you have to pay taxes if you sell stock to repay the loan or take income to pay it
2026-11-14 04:26:08
0
steveborawski :
You missed an asset class there. Take a look at real estate. That's what I use and the whole process is working well. I'm not eager to try the last part though but it's going to happen eventually.
2026-11-14 02:11:14
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Haruez :
buy borrow dies is laughably funny
2026-11-13 18:49:52
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squidcity1 :
Let’s not forget that the loan still needs paid back and the banks will generally sell the collateral stock to repay the loan in the event of death or margin call. They will then have to pay capital gains
2026-11-13 19:39:06
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jumpskyhigh :
But it’s often not for consumption? Aren’t capital expenses different?
2026-11-14 00:16:23
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tiktokuser68468 :
You're making an argument that because an exploitative set of tax loopholes isn't utilized by all the rich for all their income then therefore it doesn't exist? Then you cop out by saying oh there's some other tax loopholes that I don't really know about but they're not important. Disappointing!
2026-11-13 20:35:44
1
🐈 :
Here is an ad I received a few days ago on the subject at hand
2026-11-13 18:52:00
9
JP :
pmo when they say "true tax" and measure income tax vs wealth, when wealth isn't taxed.
2026-11-13 20:12:15
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bojangles :
I think the appropriate compromise for the "tax billionaires more" crowd and the "taxing unrealized gains is insane" crowd is a revamped estate tax. 40% seems like a high number, but even without factoring in numerous loopholes that make the effective rate lower, I'd say it should be higher.
2026-11-13 19:29:22
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ZM :
I agree with you, it feels like using something as collateral is “realizing the gain” though. Anywhere it is happening, it seems like collateralized stock or anything should be considered realized gain.
2026-11-13 23:02:28
1
memeguider_ :
atrioc actually had a podcast about this topic with professor ray madoff on the lemonade stand podcast and it was very interesting, i’d recommend giving it a listen
2026-11-13 18:51:12
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Jonny :
The very rich do use lines of credit, but that approaches being a credit card with a very high limit.
2026-11-13 21:58:12
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Chris Kawaja, Author :
Just tax 0.3% per year on publicly held stock. Easy to value easy to collect and adds less cost than mutual funds charged.
2026-11-13 19:34:27
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turnermcat :
because they don’t want to be over leveraged. also it is for collecting more assets not simply living expenses that people say, they use it to offset their tax obligations by buying assets to cover this so that even their tax and expenses do not come from wealth
2026-11-13 19:21:52
7
Justinishappy :
it's a real strategy, but no one is doing that for everything. its a way to delay or spread out paying large expenses like any other loan, but it's too costly and restrictive to use it for just anything. Margin calls and asset lockups are pretty much unknown to the general public.
2026-11-13 18:53:52
5
jumpskyhigh :
But really estate tax should be in addition to the capital gains. Not alternative. For income is not like savings from that don’t get the 40% estate tax
2026-11-14 00:18:46
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hoorayforyou :
You did not clarify what happens to the loan after they go to heaven, will the heir inherit the loan too?
2026-11-13 23:50:45
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caleb.Alexander :
And we don’t count wealth increases as income. If you were to apply it to an average multi millionaire who still works and get paid at best 250k and has a net worth of 10 million, they would only pay 1.25% of their net worth in taxes
2026-11-13 20:23:38
0
benwpb :
And he just keeps borrowing but runs out of assets without paying it back
2026-11-14 01:45:07
0
elsueno70 :
its actually highly risky. you can easily go broke doing this due to tax obligations if you become a forced seller
2026-11-13 21:34:41
2
philipperoy817 :
step up in cost basis is broken and distorts late life asset handling. it should be eliminated.
2026-11-13 22:01:24
2
PlatinumFarts :
yeah most inheritance is through irrevocable trusts
2026-11-13 19:50:47
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johnny_1998a :
It seems to be basically a margin account. Margin borrowing can be risky
2026-11-13 22:24:58
1
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