Search found 6 matches

Return to advanced search

Re: Invest in Roth IRA or Pay Down Rental Mortgage?

What's the situation with the primary mortgage? I guess I'm assuming there is one on the primary home. The primary mortgage has $302,000 left with a 4.5% interest rate. The 30 year term is up in September 2043. The house is valued around $350,000. We do not currently pay any extra towards principal...
by jdt1661
Sun Jun 22, 2014 10:06 pm
 
Forum: Investing - Help with Personal Investments
Topic: Invest in Roth IRA or Pay Down Rental Mortgage?
Replies: 11
Views: 822

Invest in Roth IRA or Pay Down Rental Mortgage?

I am 32 years old with three children, a primary mortgage, and a rental property. My wife and I both work and we currently have about $185,000 across company 401(k)s, IRAs, and Roth IRAs. We both contribute to our company 401(k)s to receive the max match. We are currently investing an additional $40...
by jdt1661
Sun Jun 22, 2014 5:36 pm
 
Forum: Investing - Help with Personal Investments
Topic: Invest in Roth IRA or Pay Down Rental Mortgage?
Replies: 11
Views: 822

Re: Tax Implications of Selling Stock Before Year's End?

Thanks for the responses everyone. A few points of clarification:

1) The stock was a gift from my dad in May of 2009
2) All interest and dividends have are set up to reinvest automatically
by jdt1661
Fri Dec 21, 2012 11:49 pm
 
Forum: Investing - Help with Personal Investments
Topic: Tax Implications of Selling Stock Before Year's End?
Replies: 11
Views: 1074

Tax Implications of Selling Stock Before Year's End?

My wife and I are currently saving up for a down payment on a house. We have roughly $20K already saved with a $30K target. We expect to purchase a home any time in the next 2 years so I would like to the funds readily available and SAFE. In addition to the $20K I have about $11K of Janus funds stoc...
by jdt1661
Fri Dec 21, 2012 4:38 pm
 
Forum: Investing - Help with Personal Investments
Topic: Tax Implications of Selling Stock Before Year's End?
Replies: 11
Views: 1074

When to switch from 80/20 stocks/bonds allocation

I have a general question about when to start increasing bond holdings as a percentage of total assets in a retirement account. Here's some background information: 1) I am married with one child with twins on the way. 2) My wife and I are both 30 years old, both work and contribute to retirement, an...
by jdt1661
Wed Nov 28, 2012 5:03 pm
 
Forum: Investing - Help with Personal Investments
Topic: When to switch from 80/20 stocks/bonds allocation
Replies: 16
Views: 1868

Re: Anyone recently refinance a rental property?

I recently refinanced my rental property at 4.25% under HARP 2.0 with an LTV above 125. I had to pay a few $K in fees, but this is standard to my knowledge. If your mortgage is owned by Freddie Mac or Fannie May you can go to their websites and get a list of mortgage lenders that may work with you.
by jdt1661
Thu Nov 08, 2012 1:14 am
 
Forum: Personal Finance (Not Investing)
Topic: Anyone recently refinance a rental property?
Replies: 7
Views: 813

Return to advanced search