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Posted on 1/4/24 at 8:28 pm to Drizzt
Just run it against your 2022/2023 income. If you’re going to eat taxes on $30k in gains you’re looking at possibly 20% in taxes (15% fed and 4.25% state in LA assuming a 22% federal tax bracket). Thats almost certainly less interest than you’ll pay on a 6m HELOC.
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