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Shareholders can take out a loan for spending money that uses the shares as collateral.
by Nicholas_C 5y ago
Shareholders can take out a loan for spending money that uses the shares as collateral.
- fighterpilot 5y agoTo pay back the loan they need to sell the stock which is a capital gains event. The two main tax avoidance strategies would be people running and retiring overseas just before selling, or never selling and waiting for the cost basis to be reset upon their death.