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Wealth and Capital Gains Tax Strategy

Resources on capital gains, step-up in basis, wealth-building tax strategy, and how owners convert business profit into long-term wealth.

Business TaxEntity StructureSide HustlesWealth Strategy2026 RulesProfit & Cash Flow

Quick answers

The short version before you go deeper.

1

Is buy, borrow, die legal?

Yes. The strategy uses provisions built into the tax code: borrowed funds are not income, and the step-up in basis at death is codified law. Implementation is fact-specific and the rules can change, so coordinate with a CPA and an attorney before acting on it.

2

Why do wealthy families focus on asset location and borrowing?

Appreciating assets, borrowing, and basis planning can affect when income is recognized. The rules are fact-specific and can change, so implementation requires legal, tax, and financial advice.

3

What does profit routing have to do with taxes?

Profit routing helps owners pre-assign cash to taxes, reserves, growth, owner pay, and wealth so tax strategy does not break operating cash flow.

Related hubs

Keep planning with the Business Tax Strategy hub or the Profit, Bookkeeping, and Cash Flow hub.

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Mia Anne Pham Reeves, CPA

Reviewed by Mia Anne Pham Reeves, CPA, Managing Partner

Last reviewed July 5, 2026Verify Texas CPA license

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How this was prepared

Prepared from primary sources

Educational tax content prepared by HavenStone Advisory, a CPA-led firm, and grounded in the primary sources listed here. It is not individualized tax, legal, accounting, investment, or financial advice. Rules can change, and your facts matter, so confirm decisions with your CPA, attorney, or tax advisor before acting.

Prepared by HavenStone Advisory

See our editorial policy or report a correction.

Primary references

Review standard

  • Primary-source references checked where rule-specific claims are made.
  • Article scope limited to educational information unless a client engagement exists.
  • Time-sensitive tax rules labeled with published, updated, or reviewed dates.
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