Ep. 15 - Tax Advantages of Whole Life and IBC
Farming Without the Bank Podcast · Mary Jo Irmen
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Show Notes
Many think there is some sort of loophole inside of the Infinite Banking Concept and that we are holding out on an awesome secret. In this episode, I talk about the fact that our secret is NOT a loophole, and there are some genuine tax advantages to whole life simply because the tax code favors it, just as it favors farmers in certain areas. It's not a magic bullet that allows us to sneak around taxes, but when used correctly, there are certain advantages. You will learn how to use it correctly and why it needs to be setup correctly for this purpose. Audio Production by Podsworth Media - https://podsworth.com