With upcoming tax changes in 2026, now is an opportune time to explore strategies for maximizing tax alpha in investment portfolios, and here are four strategies recommended by JPMorgan: 

1. One key approach is asset location optimization, ensuring tax-inefficient investments are placed in tax-advantaged accounts like IRAs or 401(k)s, while assets benefiting from long-term capital gains are held in taxable accounts. 
2. Tax-aware trading—including active tax-loss harvesting and tax-efficient portfolio transitions—can further enhance after-tax returns. 
3. Charitable giving strategies, such as donating appreciated securities to donor-advised funds or making qualified charitable distributions from IRAs, offer additional tax benefits. 
4. Wealth transfer techniques, like grantor retained annuity trusts (GRATs), can help pass on assets with minimal tax implications. 

Finsum: Using a line of credit can provide liquidity without forcing premature, tax-inefficient asset sales.