Can I use a securities-based loan to pay off a tax bill?
Originally from Broadridge Content. Read the original article on the publisher’s site.
You're facing a not-insignificant tax bill and considering your options. You don't have available liquid assets to easily cover the tax owed, and you're reluctant to sell investment assets in your portfolio because you don't want to disrupt your overall investment strategy; you're also concerned about the potential capital gain tax on securities that would be sold at a profit, or you may be reluctant to sell investments at a loss.
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