Borrow against assets to live off debt

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Just wondering if anyone here that’s not a billionaire or super rich is ACTUALLY using this method of leveraging loans agains owned assets to cover living expenses tax free.

Cheers !!!

In: Economics

6 Answers

Anonymous 0 Comments

It’s pretty common for the elderly. Look into reverse mortgages, you can use the value of your house to live until you sell it.

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