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The point of Buy is to acquire the asset you will Borrow against. How doesn't really matter. So Larry did that by growing a company. Good for Larry. But the tax
by CalChris 2y ago
The point of Buy is to acquire the asset you will Borrow against. How doesn't really matter. So Larry did that by growing a company. Good for Larry. But the tax avoidance is the same from there. Borrow, Die.
- w4 2y agoSure. But you can do that more effectively by also being paid a salary (which you can then use to buy more stuff!).