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You can just borrow against it to spend it. No tax whatsoever and you hold on to your asset.
by rawtxapp 6y ago
You can just borrow against it to spend it. No tax whatsoever and you hold on to your asset.
- lxgr 6y agoHow do you eventually repay that loan (or at least pay interest)?
- lmm 6y agoGuessing: you can sync up once a year (or even once every 5 or 10 years) and pay taxes on that transaction at that day's price.
- imtringued 6y agoThat's ok if you are happy with shifting the tax date. I can definitively see how this decreases the accounting burden but not the tax burden.