Buy, Borrow, Die Paradox: How The Rich Get Richer Using Debt

Small Business Tax Savings Podcast - A podcast by Mike Jesowshek, CPA - Wednesdays

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Send us a textWhat if you could grow your wealth, avoid taxes, and pass on your assets to your heirs without capital gains?In this episode, Mike discusses the *Buy, Borrow, Die* strategy—a powerful tax avoidance method used by the wealthy to preserve and grow wealth. By buying appreciating assets, borrowing against them tax-free, and passing them on to heirs with a stepped-up basis, individuals can minimize taxes on both capital gains and inherited wealth. Mike breaks down how this strategy c...