Re:Tesla’s headquarters will move to Austin
by plorkyeran on Thursday October 07, 2021 @10:58PM
(#28795243)
His estate pays them back when he dies. Inherited shares have their cost basis reset to the current value, so if his heirs sell them immediately there's no capital gains to be taxed.
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Re:Tesla’s headquarters will move to Austin
by double_nan on Friday October 08, 2021 @12:34AM
(#28795784)
The loan will be cheap but not free. The problem with shares is that their price can go down to zero in case of company bankruptcy. So there will be premium for that risk.