The Buy Borrow Die Strategy the IRS Hopes You NEVER Learn

Learn the Buy, Borrow, Die Tax Strategy to Avoid Paying Taxes. Get a Free Consultation: https://mycpacoach.com/contact/ In this video, I am going to show you how to legally avoid paying taxes with the Buy Borrow Die Tax Strategy. There’s a reason why some of the wealthiest individuals are able to pay close to 0% of their total wealth in taxes, while everyone else pays up to 37% of their income towards taxes. Most people pay more taxes as they accumulate more wealth, while many billionaires pay less taxes as their wealth skyrockets. And it is because this strategy allows you to build wealth, get cash when you need it, pay no tax on it, and even pass generational wealth down to your heirs tax free. And I’m going to break down every step of this strategy for you for free as a licensed CPA that tax plans around things like this everyday at mycpacoach.com - so go ahead and save this video, hit the like button below, and let’s jump right in. #buyborrowdie #taxstrategy #taxstrategist Buy Borrow Die Benefits: (0:00) How To Avoid Income Tax: (0:56) Step 1: (1:45) Buy And Hold Strategy: (3:26) Step 2: (4:32) Keeping Assets Invested: (5:10) Double Dipping: (6:10) How To Pay the Loan?: (6:58) Writing Off Interest: (7:30) Borrowing Methods: (9:10) Step 3: (10:10) Step-up Basis: (11:00) Tax Planning: (11:55)