Episode 96
Buy, Borrow, and Die Strategy
In this engaging episode of "We Are TPM," hosts John Teixeira and Kyle Teixeira dive
into the intriguing financial strategy of "Buy, Borrow, and Die," a technique employed
by the wealthy to maximize their assets and minimize tax burdens. The conversation
begins with the Teixeira's playfully introducing the strategy, likening it to a catchy movie
title, and quickly deepening into its practical applications for those in the real estate
industry. Through humorous exchanges and insightful dialogue, they unpack this
wealth-building tactic, linking it to the broader context of property management and
investment.
Key Takeaways:
• The "Buy, Borrow, and Die" strategy enables individuals to use their assets effectively
to avoid taxes typically incurred through direct sales.
• Life insurance can be used strategically to pay off debts upon death, ensuring
beneficiaries receive tax-free inheritance in full.
• The episode underscores the importance of understanding debt as a tool in
maintaining and increasing asset liquidity.
Notable Quotes:
• "Buy, Borrow, and Die sounds like a headline, sounds like clickbait, sounds like a
movie!" – Kyle Teixeira
• "So what we're doing here essentially is saying cover everything that you have a loan
on." – John Teixeira
• "It's all about understanding that debt isn't taxed and insurance payouts don't get
treated as proceeds." – Kyle Teixeira
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We Are TPM
Teixeira Property Management
Mansfield, Texas
www.WeAreTPM.com
ShowMeTheMoney@WeAreTPM.com
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There are a vast amount of ways in today's world to build wealth using real estate and
investing, not just in property, but in yourself!
Located in the Dallas-Fort Worth area of Texas, John Teixeira and Kyle Teixeira of
Teixeira Property Management bring you all of the knowledge and experience they can
provide for the confidence to achieve your investment goals, or how and why to create
them. Now, while John and Kyle have a ton to share, they will also be bringing you
interviews with some of their clients, industry partners, experienced investors, and
much more every week!
John and Kyle look forward to sharing the knowledge you need about arguably the
greatest investment vehicle that is available to the masses — Real Estate. Knowledge
is power, and John and Kyle intend to give you as much power as possible. It's not
always about the HOW, but also the WHY, and they will be digging into it right here
every week!