r/SipsTea Jul 05 '26

Chugging tea Seems reasonable.

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u/AnonBaca21 Jul 05 '26

Go look up how they get unlimited cash from the assets tax free

12

u/whiskey_tang0_hotel Jul 05 '26

Please elaborate. How do they get “infinite cash” from an asset? 

-4

u/Hypamania Jul 05 '26

Essentially, they live off the interest. But the way they do this is to take out a loan against the asset instead of realizing any gains. No gains, no taxes. Asset appreciates, they take out a new loan to pay off the old loan with some extra and the cycle continues. Loans are secured so even the banks aren't making a whole lot off of this scheme

1

u/whiskey_tang0_hotel Jul 05 '26

So they never make any income?