Search found 5 matches

by DriveMyPrius
Tue Jan 16, 2018 7:37 pm
Forum: Investing - Theory, News & General
Topic: Anyone pondering moving to a cheaper place and downsizing?
Replies: 52
Views: 3272

Re: Anyone pondering moving to a cheaper place and downsizing?

Yes, it is part of our plan. We have already taken the 500K exclusion twice, progressively downsizing, the appreciation is ridiculous. (We are in coastal California). We have family in other states and countries, and it is tempting to move to a cheap area NOW. We are very late to Boglehead style inv...
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: 551

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: 11942

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: 551

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: 551

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...