Documenting Saylor
@saylordocs
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Joined January 2021
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Dad buys Bitcoin for $100,000.
It grows to $5M.
If he sells, he owes tax on a $4.9M gain.
Instead, he puts it in a trust.
Borrows against it.
Lives tax-free.
Dies holding.
Kids inherit at a $5M basis.
IRS gets $0.
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