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A comment on Tax details of US super-rich allegedly leaked. Parent comment

Re:Tax details of US super-rich allegedly leaked by paulpauper on Tuesday June 08, 2021 @05:58PM (#27441503)
It does not have to be. All would have to do is transfer the shares to a separate entity and then borrow against them while hedging downside with options
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Re:Tax details of US super-rich allegedly leaked by naveen99 on Tuesday June 08, 2021 @06:28PM (#27441906)
Borrow and lever up to pay taxes while shorting your main (too concentrated) holding with long put options. What could go wrong ?

The IRS would more likely end up allowing you to take depreciation against your securities like they do for real property (which is subject to property tax)

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