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re: You inherit $5 million tax free, what changes?
Posted on 2/21/18 at 11:12 am to RogerTheShrubber
Posted on 2/21/18 at 11:12 am to RogerTheShrubber
buy a modest, little place like this
invest the rest very conservatively. probably work/volunteer part time, play lots of golf/tennis/softball
grill a lot of meats, drink a lot of beer
invest the rest very conservatively. probably work/volunteer part time, play lots of golf/tennis/softball
grill a lot of meats, drink a lot of beer
2
Posted on 2/21/18 at 11:15 am to Pilot Tiger
I'd lie to buy Rockwell Lighthouse. Think it's a B&B, in Sitka Sound on an island. When I was there last it was for sale for $850K
This post was edited on 2/21/18 at 11:19 am
Posted on 2/21/18 at 11:16 am to Pilot Tiger
you'd move to California, buy a $1.3M (26% of your inheritance) 1,300 sf home, and bank on "conservative investing"?
I don't think you understand the term. You ever heard of capital gains tax in California?
I don't think you understand the term. You ever heard of capital gains tax in California?
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