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merth
11 months ago
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Berkshire Hathaway Now Pays 5% of All Corporate In...
They do not need to service debt using taxable income, they can roll it over indefinitely or until death, at which point the tax obligation disappears due to the stepped-up basis (capital gains reset on death)
jazzyjackson
11 months ago
[–]
I don't know what you mean by "roll it over", take out more loans to pay the previous ones? Just not make payments?
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