Rich on paper, short on cash? The wealthy don't sell. They borrow.

Buy-Borrow-Die and the five-layer liquidity stack

Who this book is for
Asset holders with large unrealized gains, locked up by the tax cost of selling (LTCG + state tax + NIIT)

Does this sound familiar?

• — Your assets are up — but selling hands 30%+ to taxes
• — A sale spikes AGI and chain-destroys subsidies and Roth headroom
• — BTC-backed loans? Revaluation and margin calls are terrifying

What this book does

A loan is not income — zero tax, AGI unchanged. The full five-layer stack: opening order, terms, and risk controls. "Open before you need it," BTC at a conservative 30% LTV.

Table of contents

1. 01 Philosophy: selling is the last resort (triple penalty · Buy-Borrow-Die)
2. 02 The five-layer stack (L1 cash to L5 refi + SLOOS opening rules)
3. 03 Risk management (margin-call Defcon · §163(d) interest deduction · tracing)
4. 04 Completing the generation (step-up · 12-month calendar)

What's included

• ✓ Ebook PDF
• ✓ Workbook (stack comparison template · margin-call Defcon card · bridge account)
• ✓ Liquidity stack xlsx

This material is general information for educational purposes only — not tax, legal, or investment advice. Examples of tax savings or returns are illustrative and do not guarantee individual results. Review with a licensed professional (CPA, EA, or attorney) before acting.