Apr 25, 2023
Gidget wants to find her very own Moon Doggie so she can get married and reap that sweet, sweet capital gain exclusion when she sells her house. What do Joe and Big Al think, and can they help her find a man? Plus, is real estate a good investment for retirement income? Is taking out a TSP (thrift savings plan) loan to pay off your mortgage a good idea? Also, the fellas spitball a tax and ACA (Affordable Care Act) strategy, a FIRE strategy - well, financial independence, but not necessarily retire early - and they discuss capital gains taxes on RSUs (restricted stock units.)
Timestamps:
- 00:45 - How’s My Marriage Strategy for Extra Capital Gain Exclusion on the Sale of My Primary Residence? (Gidget, San Diego)
- 10:46 - Is Real Estate a Good Investment for Retirement Income? (Doctor Jerry, Waco, TX)
- 16:14 - Should I Pay Off My Mortgage with a Thrift Savings Plan Loan? (Jake - voice message)
- 19:35 - Spitball Our Retirement, Tax Planning, and ACA Strategy? (John from LA - Lower Anderson, SC)
- 26:31 - Do I Need to Pay Quarterly Capital Gains Taxes When I Sell RSUs? (Jerry, Redmond, WA)
- 31:43 - FIRE Retirement Spitball Analysis: How to Structure Our Investments? (Jim, Washington State)
Access this week's free financial resources in the podcast show notes at https://bit.ly/ymyw-426
- 10 Tips for Real Estate Investors
- Alternative Retirement Income Sources: Real Estate and Beyond webinar
- Real Estate Investing: What Are Cash-on-Cash and Cap Rate? YMYW podcast episode 365
- Episode Transcript
- Ask Joe & Big Al On Air