> If you lie on your tax returns then you have much bigger issues than college admissions counselors. If you own a large amount of equities you can get a secur

> If you lie on your tax returns then you have much bigger issues than college admissions counselors. If you own a large amount of equities you can get a secured loan on those holdings and use it to pay your bills while taking zero salary. This allows folks to live fancy lifestyles without selling holdings and triggering capital gains: * https://www.cnbc.com/2021/07/13/portfolio-loans-can-be-one-way-to-make-debt-work-in-your-favor.html https://www.cnbc.com/2021/07/13/portfolio-loans-can-be-one-w... The loan is not counted as income.