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A comment on We are publishing the tax secrets of the .001%. Parent comment

Re:We are publishing the tax secrets of the .001% by MR4D on Tuesday June 08, 2021 @12:10PM (#27437067)
Your example of loans is tax deferral, not avoidance. As for your examples in general, those are really good.

Collateralized loans on stock we usually call "margin loans" and are easy to get.

Also, anyone in real estate will recognize the term "HELOC", where you can get a loan against the value of your home, presumably after its value has appreciated.

I think both of those are fairly accessible, at least in the US.

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Re:We are publishing the tax secrets of the .001% by AdamN on Tuesday June 08, 2021 @02:01PM (#27438652)
For the mega-rich it's tax avoidance. That money gets rolled into the estate or trust with the cost-basis resetting on death.
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