UBS On-Air: Market Moves · Client Strategy Office
Top of the Morning: Raising cash - Sell or borrow?
·16 min·1 clip
Justin Waring explains how borrowing can let heirs inherit assets with a 'step-up in cost basis,' potentially forgiving all unrealized capital gains taxes.
As heard by us
A practical, numbers-first look at selling versus borrowing when cash is needed.
The piece frames tax-season liquidity as a straight choice between selling investments for cash or borrowing to stay invested. Dan Cassidy, Dan Scanzarelli, and Justin Waring keep the focus on the parts that matter: one-month SOFR, the 3% spread that is not fixed, the after-tax…
Why you'd press play
You need a cleaner answer than sell or borrow when a tax bill lands.
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