RSPH Blogs - Finances!

  Almost all of us have heard that how the Rich people get away with Paying literally 0$ in Federal Income Taxes, LEGALLY.... Have you ever wondered, how do they really get away with it.... Pretty sure you did.... 'cuz I know that it's the Curiosity that brings you here. Isn't it? Okay! Well.... Today we'll take a deep dive into what are the tricks & strategies, the millionaires & the billionaires.... Rich in short.... actually use to avoid paying Taxes.... So, let's take a deep dive right into this article's topic & get started.... So here we go.... Talking 'bout the first thing the Rich do is that they Invest in Real Estate, Share Market, Bonds & multiple such assets in which their money will just keep on Compounding over time! Now, the term Invest won't really seem that surprising.... 'cuz like everybody nowadays invests but are anyways taxed! Well, first now I wanna let y'all know that if for the Income there is Income Tax the

  What Do SBLOC Stands For? SBLOC stands for Securities Backed Line Of Credit! What Is SBLOC? Basically! SBLOC OR Securities Backed Lines Of Credit is a tool which basically lets an individual to access 70-80% of their portfolio kept as collateral & can use these funds to cover up any personal expenses.... they get this money, tax free! Let's make the definition a bit more transparent & learn more 'bout SBLOC's by a Short Story! So let's say that there is a person.... Lets call her Miss-Y. So, Miss-Y has 1 Million $ in her portfolio.... which means she holds a total of $1 Million in Stocks! & now she wants cash.... So the simpler way.... We all can THINK OF A SOLUTION IS LIKE-- SELLING SOME OF THE SHARES EQUIVALENT TO THE AMOUNT OF THE MOENY ONE NEEDS & THEN USE IT! But.... Miss-Y is aware of the taxes she'll have to pay if she sold her Stocks OR converted her Securities into Cash! She know that she'll be charged something called Capi