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How Jeff Bezos and Elon Musk Became Billionaires While Paying No Tax 

Sharon Winsmith
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Buy, Borrow, Die Tax Strategy Course💡 taxplanninghq.com/buy-borrow-...
Watch this video to find out how billionaires like Jeff Bezos and Elon Musk made billions of dollars while paying little to no tax.
The Buy, Borrow, Die tax strategy is the most important tax planning strategy for anyone trying to build wealth or achieve financial freedom. Check out my course on Buy, Borrow, Die if you want to find out how you can use this strategy yourself.
Buy, Borrow, Die Deep Dive video ▶️ • Never Pay Taxes Again ...
Video Contents
00:00 - Intro to Buy, Borrow, Die Strategy
01:35 - Step 1: Buy (or Create) an Asset
03:55 - Step 2: Borrow Against that Asset
07:22 - Step 3: Die and Basis Step-up
10:52 - Step 4: Future Heirs Repeat the Strategy
⚠️ Exercise caution before using this strategy. Do your own research and make sure you fully understand the risks you are undertaking!
💡 I do not work with clients or offer any consulting services. If you want to learn more about the best tax and investment strategies, subscribe to my channel and check out these courses ▶️ sharonwinsmith.com/courses/
The information provided in this video is owned by Winsmith Tax LLC and is solely for informational and educational purposes. It is not intended as investment, legal, or financial advice. Always consult with a professional familiar with your unique situation, or conduct your own research before making any decisions. We might receive commissions for recommending certain products or services.

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27 июл 2024

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Комментарии : 9   
@sharonwinsmith
@sharonwinsmith 9 месяцев назад
Buy, Borrow, Die Tax Strategy Course ▶ taxplanninghq.com/buy-borrow-die/
@ismaelhall3990
@ismaelhall3990 Месяц назад
never heard but now I like to know more
@gustavodiaz4689
@gustavodiaz4689 9 месяцев назад
I purchase your program recently I look forward to it. Thank you
@sharonwinsmith
@sharonwinsmith 9 месяцев назад
Thank you! Hope you enjoy 😀
@arminagic1920
@arminagic1920 9 месяцев назад
So when the borrowing is happening do they then have to just pay the interest back every month forever or at least for a while or do does the loan amount have to be paid along with the interest or do banks allow interest to be the only thing they get also which cash flow would be used to pay any of the loan amount is it just dividends are potentially other businesses
@sharonwinsmith
@sharonwinsmith 9 месяцев назад
This all depends on the type and structure of the loan they are using. I cover all the different possibilities in the Buy, Borrow, Die course and go through in detail how the loan payments would work. taxplanninghq.com/buy-borrow-die/
@eljuancho2
@eljuancho2 2 месяца назад
They plan before borrowing, they lower and offset their taxes to keep paying low interest, imagine borrowing against an asset that went up 1000%+ at 3%-7% interest.
@albertmiranian2348
@albertmiranian2348 6 месяцев назад
Excellent explanation by borrow. Part of my portfolio is bitcoin on a cold wallet. Is there a way of leveraging bitcoin?
@sharonwinsmith
@sharonwinsmith 6 месяцев назад
There are ways to borrow against Bitcoin but it's definitely not something I would ever do at this point with how volatile crypto is.
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