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Why SBLOCs Still Work with Current Interest Rates 

Sharon Winsmith
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SBLOCs are a great tool the wealthy use to maximize returns on their investments. You hear a lot of chatter recently with people saying SLBOCs don't work in the current high interest rate environment. Watch this video to find out why I am still using an SBLOC for my personal investments and why this strategy still works if you know what you are doing.
What is the Buy, Borrow, Die Tax Strategy? ▶️ • Never Pay Taxes Again ...
Intro to SBLOCs ▶️ • Intro to SBLOCs
Using an SBLOC to Invest in Real Estate ▶️ • Example of How You Can...
Video Contents:
00:00 - Intro
01:11 - Recap: What is an SBLOC?
03:08 - Current Rates on SBLOCs
06:07 - Why the SBLOC Strategy Still Works
⚠️ 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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5 июл 2024

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Комментарии : 32   
@ericmed
@ericmed 6 дней назад
Winsmith is a legend
@gdelacruzjr
@gdelacruzjr 5 дней назад
Already one of the GOAT financial RU-vidrs
@wisulliv
@wisulliv 3 дня назад
Great stuff. Very impressive. I do find myself having trouble understanding how some ideas work and how to actually use the idea.
@KLeeMr
@KLeeMr 6 дней назад
I watch all your videos but never comment. I appreciate your content immensely. Thanks!
@FIRE_DrNinjaTurtle
@FIRE_DrNinjaTurtle 6 дней назад
I plan to use buy borrow die in my real estate portfolio
@andrewbiggs8435
@andrewbiggs8435 5 дней назад
Do you have a video (either on RU-vid or one of you courses) that looks more specifically at where and with who to invest the proceeds of an SBLOC? Obviously it could go anywhere, but you've talked a bit about where you personally invest. That info would be very helpful. Thx!
@rickbrodston1800
@rickbrodston1800 4 дня назад
Thank you for your work. Please explain the Debt vs debt free aspects of rental properties. Is the income debt free because of the mortgage?
@gustavodiaz4689
@gustavodiaz4689 6 дней назад
Thank you for all your help. I took your course on SBLOC I started to use it in the last 2 months and transferred my portfolio to IBKR. IBKR has the best rates. I’m already quite bit up.
@falconfilmmedia6890
@falconfilmmedia6890 6 дней назад
Maybe next time I'll finish watching the video before I ask my questions. Thank you for pointing us in the right direction
@bryanharrell4059
@bryanharrell4059 6 дней назад
@gustavavodiaz4689 Following because I'm seriously considering the same and a transfer to I KR is the next move. You're a step ahead. Feel free to check back on this comment thread to share any experiences you're having on your journey! Good luck to all!
@alisonthompson4346
@alisonthompson4346 6 дней назад
Thank you for the info. Can you tell us two Co's that you consider to be quality brokerages ?
@925Prophet
@925Prophet 6 дней назад
Thanks for your content!
@dddooley
@dddooley 6 дней назад
Thanks for all your wisdom
@bryanharrell4059
@bryanharrell4059 6 дней назад
Another informative video with sage advice. Noob question: What's the portfolio balance threshold for acquiring a SBLOC. I realize there are variables like what the loan will be used for, dividends in the portfolio, a 50 percent valie cushion needed just in case, etc..., but is there a minimum value amount?my guess is $100k.
@EddieFreedom
@EddieFreedom 4 дня назад
SBLOC reminds me of a 401k loan. An advantage of a 401k loan is the interest paid on the loan goes back to yourself.
@chayden1402
@chayden1402 6 дней назад
Your videos are great thank you. Please keep them coming. Do you think its a good idea too liquidate my 401k to buy another rental property. I stopped contributing a good while ago and wanted to do something with the money.
@liaoweien
@liaoweien 6 дней назад
thanks a lot for the video. That will be great if you can expand more about how sbloc tax deductible calculation works here. Thanks in advance.
@karenkrohn8003
@karenkrohn8003 6 дней назад
What are your thoughts on using an SBLOC to withdraw in a different currency? I realize this introduces forex risk, but I notice, for example, that the IBKR interest rates for borrowing in CHF appear to be significantly lower. than for USD.
@MillsM
@MillsM 5 дней назад
I am trying to do SBLOCK with IBKR. Moved my stock there. Have a pro account. My available funds shows but when to do the withdrawal, the money available to withdraw is ridiculousmy low. Is there something I missed?
@ccmichaelson
@ccmichaelson 6 дней назад
I called Interactive Brokers… spoke to their client care, then supervisor, then their trade desk, then their margin team. They said they do NOT do SBLOC’s…. Just accept a margin loan. Do you have a margin loan or something else?
@ELconomics101
@ELconomics101 5 дней назад
Hey coach ❤
@mrapp8918
@mrapp8918 2 дня назад
Great info. Sub & Follow! Keep it coming!!
@rickbrodston1800
@rickbrodston1800 6 дней назад
I like your style... patient with us knumbskulls.
@marksoberay2318
@marksoberay2318 6 дней назад
What broker has the best rate??? IBKR seems good...
@marksoberay2318
@marksoberay2318 6 дней назад
Ok i wrote that early in vid
@n1chr0me6
@n1chr0me6 6 дней назад
Etrade SBLOC rate is 9.5 right now fyi.
@marksoberay2318
@marksoberay2318 6 дней назад
Love your channel! I want to become a client
@marksoberay2318
@marksoberay2318 6 дней назад
I wish I wasn't so lazy and I would make a response to this video
@jiangyi7617
@jiangyi7617 6 дней назад
What the heck do you invest to get 20% average return? Kathie Wood?
@marksoberay2318
@marksoberay2318 6 дней назад
I think you're gonna be careful with this and if you don't back up your portfolio with puts you could have a very rough day If the market drops 50%
@marksoberay2318
@marksoberay2318 6 дней назад
Here's my criticism of this strategy why don't you just leverage your stock portfolio 2 to 1 especially with options Why go through the hassle of trying to find another investment
@marksoberay2318
@marksoberay2318 6 дней назад
And you might say that stocks are volatile and can crash well that's why you buy puts
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