Making a loan count as income will mess up legit home purchases. If you went that route it couldn’t be that simple.

A big benefit to the buy borrow die strategy is the step up basis for your children. Realizing the gain will move the basis up and cause a taxable event.

I don’t know all the details, much less if this plan is perfect, but I think that’s the idea.

Maybe removing step up basis is enough, to help reduce generational wealth. IDK