Search found 4 matches

by DriveMyPrius
Thu Oct 05, 2017 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Help with inheritance investing. Pay down mortgage on rental property?
Replies: 8
Views: 465

Re: Help with inheritance investing. Pay down mortgage on rental property?

Answering a few questions: Yes, the 4.75% risk free return is what I find compelling. Selling this rental will result in approximately 23.8% capital gain which I would definitely like to avoid. Add commissions, and I can't find good reason to sell the rental. Refinancing is difficult without a W2 (...
by DriveMyPrius
Thu Oct 05, 2017 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: Millionaire Next Door (Thank you Bogleheads)
Replies: 81
Views: 11151

Re: Millionaire Next Door (Thank you Bogleheads)

Congratulations! :happy
So sorry about the loss of your Mom. I miss mine terribly.
by DriveMyPrius
Thu Oct 05, 2017 8:51 pm
Forum: Investing - Help with Personal Investments
Topic: Help with inheritance investing. Pay down mortgage on rental property?
Replies: 8
Views: 465

Re: Help with inheritance investing. Pay down mortgage on rental property?

Answering a few questions: Yes, the 4.75% risk free return is what I find compelling. Selling this rental will result in approximately 23.8% capital gain which I would definitely like to avoid. Add commissions, and I can't find good reason to sell the rental. Refinancing is difficult without a W2 (h...
by DriveMyPrius
Thu Oct 05, 2017 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: Help with inheritance investing. Pay down mortgage on rental property?
Replies: 8
Views: 465

Help with inheritance investing. Pay down mortgage on rental property?

Hi Bogleheads, I am inheriting 300K tax free. (Edited personal information here due to privacy concern) I have read the windfall wiki that has been suggested, and pages of these inheritance threads. Here’s where we stand. Current mortgages: 1. 600K, 4.175% primary residence - 1.2M in equity. 23 year...