Explain to victoria the tax minimization strategy

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Assignment:

Victoria has a total of $5,000 per year committed to education funding. Using an 6% ROR (all interest income) for each scenario including re-investments; a 14-year timeframe (n=14); 50% MTR for Victoria, a 15% MTR for the twins for any taxable income over $15,000 in a year; and a 5% carrying cost on the leverage option (interest-only leverage). Show how each scenario would work with absolute optimization of the strategy from a tax perspective, redeeming all funds over a 4-year undergraduate degree (n=4) using a 1% ROR. Explain to Victoria the tax minimization strategy utilized for each scenario and 2 advantages and 2 disadvantages of each scenario. Which option would you recommend?

Reference no: EM133335646

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