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re: Selling stock to buy foreclosure
Posted on 1/6/24 at 8:28 am to slackster
Posted on 1/6/24 at 8:28 am to slackster
No way to know his tax rates with the info he gave. But agree with your earlier rep!y. If he can pay loan back in short period as described, then would go that route.
A side benefit to this scenario is that he is keeping his stocks working for him while paying off the debt. It is too easy to sell investments and not keep the proceeds invested in something different.
A side benefit to this scenario is that he is keeping his stocks working for him while paying off the debt. It is too easy to sell investments and not keep the proceeds invested in something different.
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