The strategy is regularly used by wealth management clients looking to minimize capital gain and income tax.

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Conversely, let us calculate what happens if you sold the $1M worth of assets at a long term capital gains tax rate of 20% with the same cost basis.

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For example, if you have assets in a tax-deferred account such as a 401(k), you would be unable to access attractive, low interest rates used for borrowing money.

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Using the Buy Borrow Die strategy means you can afford to buy and pay off these assets from a non-taxable or taxable account.

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Since the capital gains tax rate is usually static and requires an act of Congress to change, only the first two factors must be considered when deciding if the buy-borrow-die strategy works for you.

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Buy Borrow Die allows a person to avoid paying taxes on their income and still gain access to the same money they would have if they sold their assets.

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