3 ms·
You die and then you don't have to pay back the loan and any capital gains taxes. The assets are marked to market for tax purposes, then the estate can liquidat
by gaadd33 3y ago
You die and then you don't have to pay back the loan and any capital gains taxes. The assets are marked to market for tax purposes, then the estate can liquidate them to satisfy the debt and the heirs get the remaining assets and can sell with no tax due.