--- title: Wealth and Capital Gains Tax Strategy | HavenStone Advisory reviewed: '2026-07-05' reviewed_by: mia-anne-pham-reeves-cpa description: >- Wealth tax strategy resources covering capital gains, buy-borrow-die concepts, step-up in basis, owner wealth building, and long-term tax planning. keywords: - wealth tax strategy - capital gains planning - buy borrow die - step-up in basis - owner wealth planning sources: - 'IRS Publication 551 - Basis of Assets: https://www.irs.gov/publications/p551' - >- IRS Topic no. 409 - Capital gains and losses: https://www.irs.gov/taxtopics/tc409 - >- IRS Publication 525 - Taxable and Nontaxable Income: https://www.irs.gov/publications/p525 - >- IRS Estate and Gift Taxes: https://www.irs.gov/businesses/small-businesses-self-employed/estate-and-gift-taxes canonical: 'https://www.havenstoneadvisory.com/resources/topics/wealth-tax-strategy' --- # 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. Public content is educational only and is not individualized tax, legal, accounting, investment, or financial advice. ## Quick Answers ### 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. ### 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. ### 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. ## Articles and Videos - [Why Your Trade Business Is Worth Less Than You Think](https://www.havenstoneadvisory.com/resources/blog/why-your-trade-business-is-worth-less-than-you-think) A $3.5M a year trade business sold for $600K, and the price was fair. See why buyers ignore revenue and how the 20 minute Absence Test values your company. - [Trump Accounts for Kids: Roth IRA, 529, UTMA CPA Guide](https://www.havenstoneadvisory.com/resources/blog/trump-accounts-for-kids-wealth-planning-guide) See how Trump Accounts fit beside custodial Roth IRAs, 529 plans, and UTMA/UGMA accounts for parents building wealth for children in 2026. - [Buy, Borrow, Die Strategy: Borrowing and Step-Up Basis](https://www.havenstoneadvisory.com/resources/blog/buy-borrow-die-exposed-how-the-wealthy-never-pay-taxes) Learn how asset-backed borrowing and step-up basis work, where Buy, Borrow, Die can fit, and what $1M–$10M owners should watch. - [Saving Mindset, Cash Discipline, and Wealth Building](https://www.havenstoneadvisory.com/resources/blog/is-the-asian-saving-mindset-a-financial-superpower) Learn how cash discipline, spending pauses, and margin-building habits help owners convert income into long-term wealth without fear-driven decisions. - [Cost Segregation: Faster Depreciation for Real Estate](https://www.havenstoneadvisory.com/resources/blog/cost-segregation-stop-waiting-39-years-to-write-off-your-building) Learn when cost segregation can accelerate depreciation, when it can backfire, and how real estate owners can model the tax impact. - [Profit Routing for Trades and Home Service Owners](https://www.havenstoneadvisory.com/resources/blog/profit-routing-framework-for-trades-and-home-service-owners) Use the four-bucket profit routing system to split monthly profit into tax, reserves, growth, and wealth with a calculator-backed cadence. - [Why Business Owners Miss the Path to $1M Net Worth](https://www.havenstoneadvisory.com/resources/blog/why-youre-still-not-a-millionaire-after-3-plus-years-in-business) Learn how profit leaks, stage-mismatched advice, and reactive decisions can keep owners from turning cash flow into lasting net worth. - [Tax Incentives: R&D, Real Estate, Energy, and Entities](https://www.havenstoneadvisory.com/resources/blog/save-millions-in-taxes-in-10-minutes) Review business tax incentives for hiring, R&D, real estate, energy, agriculture, and entity planning, with a CPA-led implementation lens. - [2026 HSA Changes: New Limits and the Triple Tax Advantage](https://www.havenstoneadvisory.com/resources/blog/2026-hsa-changes-triple-your-tax-savings) Review 2026 HSA limits, eligibility, funding, investing, and triple tax benefits so families can plan contributions with cleaner records. - [Why the 24% Tax Bracket Can Be a Planning Sweet Spot](https://www.havenstoneadvisory.com/resources/blog/why-24-percent-tax-bracket-sweet-spot) Understand marginal tax brackets, why the 24% bracket can matter in 2026 planning, and how income timing affects owner decisions. - [Why 7-Figure Businesses Overpay Taxes](https://www.havenstoneadvisory.com/resources/blog/why-7-figure-businesses-overpay-taxes) Crossed $1M in revenue? Here are the hidden tax leaks costing many owners $100K+ a year and proven ways to stop them. ## Tools and Next Steps - [Buy, Borrow, Die Cheat Sheet](https://www.havenstoneadvisory.com/resources/guides/buy-borrow-die): Understand the framework without treating it as a one-size-fits-all tactic. - [Profit Routing Calculator](https://www.havenstoneadvisory.com/resources/calculators/profit-routing): Model how business profit moves into reserves, growth, tax, and wealth lanes. - [Tax Planning for High-Income Earners](https://www.havenstoneadvisory.com/tax-planning-high-income-earners): Coordinate income, investments, retirement, and entity planning. ## Related Hubs - [Business Tax Strategy](https://www.havenstoneadvisory.com/resources/topics/business-tax-strategy) - [Profit, Bookkeeping, and Cash Flow](https://www.havenstoneadvisory.com/resources/topics/profit-and-cash-flow)