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Which can happen by liquidating assets. As long as your net worth grows faster than your debt, this is absolutely an infinite money cheat.
by yellowapple 4y ago
Which can happen by liquidating assets. As long as your net worth grows faster than your debt, this is absolutely an infinite money cheat.
- missedthecue 4y agoOK... liquidating assets is a taxable event. You aren't avoiding the taxman by borrowing money.
- jjeaff 4y agoIf you can hold off on liquidating assets until death, your estate will pay no capital gains when it liquidates due to the step up rule.
- kortilla 4y agoThat’s not an infinite money cheat when the required input is infinite wealth growth.