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Speaker 1: They want to go buy the iPhone, they just take

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a low interest margin loan secured by the portfolio. I'd

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say it's thirteen hundred dollars. They send it to their

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bank account. That's thirteen hundred dollars that didn't exist. They

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send it to the bank account, they buy their iPhone.

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They bought their iPhone with money. That's never They didn't

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work for it, and they didn't pay taxes on it.

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So they bought their iPhone with money. It was never taxed,

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so they immediately did it. They never sold the portfolio

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to do it, so they avoided capital gains taxes. This

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is by Borodai, and anybody can do it.

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Speaker 2: You're listening to Carrie Letz's Financial Survival Network, where you

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get valuable information you just can't find anywhere else to

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thrive in today's trying times. You need the Financial Survival

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Network now more than ever. Go to Financial Survivalnetwork dot

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com and get your free newsletter and gift. Financial Survival

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Network now more than.

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Speaker 3: Ever, and welcome.

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Speaker 4: You are listen, listening to and watching the Financial Survival Network.

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I'm your host, Carrie Lutz. Well, believe it or not,

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there is a way to pay no taxes legally. There

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might be some risks involved. You got to think it over, obviously,

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But Mark Quinn a new book out, Pay No Taxes,

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and hey looking to forward, looking forward to hearing how

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one can accomplish this legally without being let off in bracelets.

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Speaker 1: It's actually pretty simple, by the way. Yeah, definitely don't

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get don't do anything illegal. They're all IRS tax codes.

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The book is forty nine chapters, it's over four hundred pages.

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It's simple, it's easy to understand, and specifically, I was

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asked to write it to simplify the process for ordinary Americans.

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So it's actually dedicated to plumbers and electricians and bricklayers,

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and I used to mix concrete growing up. It's factory workers.

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Wanted to simplify it so anybody can do it. So yeah,

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the book is be smart, pay zero tax. It's used

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a buy borrow die strategy to get rich and stay rich,

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and anybody can do it. The strategy is not a

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new strategy. It's it's what the billionaires use. But anybody

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can do it. So let me let me simplify it

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for you. Let's say that everybody wanted to buy an

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iPhone every single year, but they also wanted to invest.

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Let's say they did five hundred dollars a month into

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their brokerage account, their investment account, just a regular traditional

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bank account, right, so they put twelve thousand in there,

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one thousand bucks a month. They have twelve thousand there.

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They want to go buy the iPhone. They just take

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a low interest margin loan secured by the portfolio. Let's

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say it's thirteen hundred dollars. They send it to their

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bank account. That's thirteen hundred dollars that didn't exist. They

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send it to the bank account, they buy their iPhone.

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They bought their iPhone with money. That's never They didn't

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work for it, and they didn't pay taxes on it.

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So they bought their iPhone with money. It was never taxed,

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so they immediately did it. They never sold the portfolio

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to do it, so they avoided capital gains. This is

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by borode and anybody can do it. We start people

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with one hundred dollars in a brokerage account just to

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learn the system.

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Speaker 3: Okay, so you're using this yourself here, Well.

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Speaker 1: I have all my money is into it, and by

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our YouTube channel, I'll literally show you all my investment accounts.

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All my holdings. I show it to all my students.

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We have hundreds of people doing it and it's kind

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of new right now. In three years, it'll be everywhere.

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We're going to have millions and millions of ordinary.

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Speaker 3: Okay, So Arnes use any strategy because you can build wealth.

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Speaker 1: You can you can retire early and you don't need

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a retirement account.

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Speaker 3: So how do you do with death? Crypto currencies?

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Speaker 1: You deal with cryptocurrencies. You can do it with a

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company called Salt Lending. Salt is a company that lends

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money against your bitcoin. So let's say you said, I

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want to buy bitcoin and I want to keep buying

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it forever and never sell it. I'll just keep buying

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in the ups and downs you keep buying it, you

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can actually take loans for a company called Salt Lending.

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They're a specific company that will lend you money based

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to you. If you've ever sold you your briitcoin, when

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is it taxable? It never is. What if you just

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keep buying your bitcoin, well, it just keep buying ups

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and downs, you accumulate more of it. You would never

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want to sell it because you would trigger the capital

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gains taxes. But when you borrow from it. What if

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you wanted to borrow to go buy real estate that's

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not taxable, So you can also deal with ETFs. You

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could take RCB, for example, I do this in my

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Robinhood account. I'll just buy RCB forever. I'll never sell it.

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If I need some cash, I'll just take a margin loan,

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send it to my bank account, and I'll spend money.

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That's never I never had to work or pay taxes

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on and I didn't trigger the capital gains taxes. It's

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that simple.

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Speaker 3: Aren't you assuming that this stuff is always going to

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go up? Isn't that the base is basically you don't.

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Speaker 1: Even need it to go up. There's there's there's complex option,

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there's complex ETFs, like is it an ETF? You can

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do whatever you want there. They can do complex options,

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trades covered calls in there that pay twelve percent, So

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even the market doesn't go up, I'm still getting the

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twelve percent dividend when we started that. When we started

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this course, we were we were invest thing in covered

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call ETFs. They were paying a twelve percent dividend and

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we were borrowing at two percent interest. So you could

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literally buy and then you could buy again double the portfolio.

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You're getting a twenty four percent dividend and you're paying

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two percent interest.

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Speaker 3: But the margin rates have gone up now, haven't they.

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Speaker 1: I'm borrowing at five and a quarter, but my portfolio

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gets over a twenty six percent dividend, so it doesn't

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really matter my dividends are. This is all on the

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YouTube channel. Anybody can go to the YouTube channel, watch

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the video, look at my old positions. How to do it.

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There's even instructions on that on how to do it. Yeah,

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you can actually get a very high rate of return,

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very high dividends, and borrow at a lower interest rate

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with no application, no credit check, It doesn't report to

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your credit and there's no no required payments on the loans.

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My dividends, my dividend income was forty eight hundred last

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last month, forty eight hundred. The cost of the debt

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was three hundred dollars. So just roll it on, keep

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it going. The more I borrow, the fast d I

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became financially pennant.

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Speaker 4: Amazing, amazing, all right, So tell us the book again.

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The name be Smart pays zero taxes. It's used the

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by borow die strategy to get rich and stay rich.

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It's a number one on Amazon in three different categories,

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and we haven't even sold the book yet, so it's actually.

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Speaker 1: Out March fourth. The thing about here is, let me

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simplify it even more.

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Speaker 3: Okay.

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Speaker 1: Let's say the house that I'm in right now, I

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bought it. I put three percent down, Okay, so I

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had to work to earn that money and pay taxes.

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We'll say three percent. I took a loan for ninety

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seven percent. So let's say that's five hundred grand. Where

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did the five hundred grand come from when I took

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the loan? Where did it come from? Where did the

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money come from? Assigned a mortgage document? Five hundred grand

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just didn't exist? Now it exists. Did I have to

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pay taxes on the five hundred grand?

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Speaker 4: No?

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Speaker 3: Did I have to work for it? No?

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Speaker 1: Did I have to fight inflation? No? Oh, I bought

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a home. I created five hundred grand by signing a mortgage, Jacoman,

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I didn't have to work for pay taxes. See, when

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you buy a home with debt, you are doing by borodye.

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You buy it with none of your own money, which

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never you never had to work or pay taxes on it.

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Three percent down? The ninety seven percent, just create it

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on a computer, didn't work for it, and then you

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grow it with no taxes. If you don't sell it,

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you never pay taxes. What if you grew it and

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borrowed from that home another three percent to buy another home.

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You're doing by borodye. You're doing what the wealthy people do.

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They buy assets, they never sell them. They borrow from

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one asset to buy the other asset, they never sell it.

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The rich people will take a brokerage account, find it

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up with stocks. They love their teslas and videos and

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have broad commns and whatever, and they'll fund it, and

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then they'll borrow from that to buy artwork. They'll take

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a five million dollar piece artwork, put it on their

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wall and they go, that's ridiculous, it's not really mine.

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They'll take a loan from the artwork and then go

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buy stocks with it. They'll do it with real estate.

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We do it with stocks, ETFs, life insurance, real estate,

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cryptocurrency and golden piercous metals.

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Speaker 3: Yeah, all these markets blow up.

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Speaker 1: Is gold going to crash?

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Speaker 3: Yeah? Right?

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Speaker 1: I mean if you invest in gold, that's a pretty

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non correlated asset.

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Speaker 3: Uh.

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Speaker 1: Bitcoin, we know the risks of that. Life insurance policies

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can never lose money. They can only go up and

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they can't go down. So that's another asset.

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Speaker 3: Gold.

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Speaker 1: Gold and insurance policies are different correlation, right, So again

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for your audience, correlation. You don't want everything to go

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up when the economy is good and everything to go down.

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You want some things to go up. You want some

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things to go crash. If this one crashes, you borrow

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from that one to fund that one. When that one recovers,

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you can borrow from that one to fund that one.

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And you use correlation to make money. You want some

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to crash, you want some to not crash. And as

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long as you can borrow from one asset to the

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other asset, you can always buy low. And you know,

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buy buy low with other people's money, with money that's

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never but you never had to work or pay taxes on.

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So this is the This is the system. It sounds crazy,

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it's exactly the opposite we've been taught to do. It

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is the system that billionaires use. And this is why

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I was contacted because they said, can you write a

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book on this concept and simplify it to ordinary Americans.

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I'm like, okay, so that's all I've been doing, all right,

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so for nine months is writing and writing for about

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nine months now. And the book will be out in.

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Speaker 4: March because that March, and we will have a link

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in the show notes to this interview.

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Speaker 3: And hey, it sounds intriguing.

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Speaker 4: I'm definitely going to read it and write a review

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and maybe we'll have you back on after we get

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the book. And what's the website.

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Speaker 1: The website is the Perfect Portfolio dot com. Also the

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YouTube channels of the Perfect Portfolio dot com and you

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can go there's a video called how Ordinary Americans can

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pay no Taxes, pay zero taxes. They can watch the video,

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they can learn all about it. We actually developed a

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fully automated video to explain this. But it's it's really simple.

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And like I said, we start people with one hundred

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dollars in a brokerage account. They get over two thousand,

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they can press the borro button, they can create money

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and uh and uh yeah. All the positions are in

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my account are on the YouTube channel. You fully disclose it.

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I can meet with anybody. I can just open up

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my accounts and show them exactly what I held.

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Speaker 3: All right, I love it sounds really interesting.

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Speaker 4: We'll have a link to this interview on Financial Survival

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Network dot com. Got a question for Mark myself shooting

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me an email kyl Atcarrie Lutz dot com. We're very

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much looking forward to the book mark and hey, we'll

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have you back on after the book is out and

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I have a chance to read it and reveal it.

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Speaker 1: Sure, that'd be awesome. And again, if you wanted to,

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you know, you want to put one hundred bucks in,

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I could actually send you the instructions. You can even

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try it out for yourself, kick the tires and let

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me know what you feel.

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Speaker 3: Absolutely, you got it. That's good.

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Speaker 1: Great talking to you. Looking forward to meeting with you

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again in the future.

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Speaker 2: Like Ques, thanks for listening to Carrie, says Financial Survival

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Network your solution to today's trying times. For the latest,

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go to Financial Survivalnetwork dot com. Financial Survival Network now

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more than ever,