 And, in essence, never pay the taxes. You say, well, what happens then when you die? Does your family pay the taxes? No. Unlike when your family inherits your 401K or their inherited stocks and bonds, they have to pay taxes. Whatever taxes are owed on that money, they have to pay. But in real estate, what happens is they get the property, what's called a stepped-up basis. All of those income taxes that were never paid