Search found 463 matches

by PhysicianOnFIRE
Fri Mar 09, 2018 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: LLC is now a partnership. Looking for help with SEP IRA
Replies: 1
Views: 329

LLC is now a partnership. Looking for help with SEP IRA

In 2016, I started an LLC as a sole proprietor in my "side gig." I opened and funded an individual 401(k), making an employeR contribution for 2016. I also max my employeR contributions to a 401(k) In 2017, I took on two investors and the LLC became a partnership on March 1st. I have made an employe...
by PhysicianOnFIRE
Wed Feb 28, 2018 12:07 am
Forum: Investing - Theory, News & General
Topic: Why have Emergency Funds?
Replies: 54
Views: 5390

Re: Why have Emergency Funds?

I keep one to two months of ready cash, basically enough to pay the credit card balance and have something left over. Cash emergencies can be covered with credit card float, HELOC, cashflow from paychecks, selling from taxable, etc... An emergency is a great first step to getting your finances in sh...
by PhysicianOnFIRE
Sat Feb 17, 2018 1:33 am
Forum: Personal Finance (Not Investing)
Topic: Share your favorite excel speadsheet
Replies: 7
Views: 2322

Re: Share your favorite excel speadsheet

The Doughroller Rob Berger has a nice investment tracking template. Very versatile.

:beer
-PoF
by PhysicianOnFIRE
Thu Feb 08, 2018 1:49 pm
Forum: Personal Consumer Issues
Topic: Laughter is the Best Medicine - What makes you Laugh?
Replies: 105
Views: 8142

Re: Laughter is the Best Medicine - What makes you Laugh?

The ridiculous texts created by autocorrect. DYAC

:beer
-PoF
by PhysicianOnFIRE
Thu Feb 01, 2018 4:32 pm
Forum: Personal Consumer Issues
Topic: "I Volunteered for the Hospital Board and was Sued for Millions."
Replies: 44
Views: 12321

Re: "I Volunteered for the Hospital Board and was Sued for Millions."

My insurance company refused to renew my umbrella coverage because I was serving on a City board a few years ago. That is telling. I'm amazed they simply refused to cover you. I can understand an increase in premium, but a denial of coverage? If I had to choose between serving on the Board and forg...
by PhysicianOnFIRE
Thu Feb 01, 2018 9:39 am
Forum: Personal Investments
Topic: Backdoor Roth IRA - exact steps confusion... sorry!
Replies: 4
Views: 854

Re: Backdoor Roth IRA - exact steps confusion... sorry!

I have a step by step guide (with screenshots ) for the Vanguard backdoor Roth, which you may find helpful. To answer your questions, Yes to 1-3. I go with a money market account. I don't believe there's any need to worry about the step doctrine -- congress recently "blessed" the backdoor Roth as le...
by PhysicianOnFIRE
Wed Jan 31, 2018 8:35 pm
Forum: Personal Consumer Issues
Topic: "I Volunteered for the Hospital Board and was Sued for Millions."
Replies: 44
Views: 12321

Re: "I Volunteered for the Hospital Board and was Sued for Millions."

While I don't think the ordeal that I've been through (and a number of other docs are still going through as the lawsuit drags on) is a common one, we're certainly not alone. From the comments on the original post: "When I saw the title I was wondering if somehow POF was someone I knew… This story h...
by PhysicianOnFIRE
Tue Jan 30, 2018 11:37 pm
Forum: Personal Consumer Issues
Topic: "I Volunteered for the Hospital Board and was Sued for Millions."
Replies: 44
Views: 12321

Re: "I Volunteered for the Hospital Board and was Sued for Millions."

If the Board had a role in managing the hospital into a bankruptcy I can imagine they could be liable somehow if their insurance protection was not adequate. He puts a lot of emphasis on the fact that he didn’t vote but there is a lot more to participating on the board of an organization, particula...
by PhysicianOnFIRE
Tue Jan 23, 2018 8:50 am
Forum: Investing - Theory, News & General
Topic: Kitces article: A cash bucket in retirement? Nope
Replies: 150
Views: 14987

Re: Kitces article: A cash bucket in retirement? Nope

Kitces points to another article on the cash story. That article is similar to one at EarlyRetiremenNow: https://earlyretirementnow.com/2017/03/29/the-ultimate-guide-to-safe-withdrawal-rates-part-12-cash-cushion/ You beat me to it. Just yesterday, I was talking about how the opportunity cost of hol...
by PhysicianOnFIRE
Tue Jan 16, 2018 11:30 am
Forum: Personal Consumer Issues
Topic: Besides Bogleheads, What Are Your Favorite Forums?
Replies: 113
Views: 22317

Re: Besides Bogleheads, What Are Your Favorite Forums?

A couple more that I frequent:

Rockstar Finance Forum (many bloggers hang out there)

Whitecoat Investor Forum (many doctors hand out there)

There are some Facebook Groups that are similar to forums in many ways. ChooseFI is a good one for the FIRE crowd.

:beer
-PoF
by PhysicianOnFIRE
Tue Jan 16, 2018 9:24 am
Forum: Personal Investments
Topic: Retiring at 46 - Need Help with Allocation
Replies: 10
Views: 1826

Re: Retiring at 46 - Need Help with Allocation

If we hit a poor sequence of returns over the next decade, you may need to find another source of income. As others have pointed out, planning on about a 5% withdrawal rate for a potentially 50+ year retirement is bold. It could work out well, but I would have contingent plans in place. The 10% cryp...
by PhysicianOnFIRE
Mon Jan 08, 2018 7:48 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 741
Views: 108878

Re: Year 2000 retirees using the '4% rule' - Where are they now?

I find this at least mildly reassuring. Retiring at one of the worst possible times in recent history, and the money's expected to last about 30 years in any of the calculated asset allocations from moderately conservative to very aggressive. The data also doesn't account for any modification in spe...
by PhysicianOnFIRE
Fri Dec 29, 2017 10:09 am
Forum: Personal Finance (Not Investing)
Topic: How many years of deductions for a new DAF?
Replies: 17
Views: 1535

Re: Howq many years of deductions for a new DAF?

It depends on how much you can afford more than anything. You'll also be limited by IRS rules that govern how much of your AGI you can contribute. In 2017, if you're donating appreciated assets, you're limited to 30% of your AGI. If you donate cash, it's 50%, but will rise to 60% in 2018. Note that ...
by PhysicianOnFIRE
Fri Dec 29, 2017 9:33 am
Forum: Personal Finance (Not Investing)
Topic: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?
Replies: 67
Views: 4711

Re: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?

May I sneak in a quick question? I was looking over my 2016 1040, and noticed a line where $1K was added for the AMT. I assume this means I came under the AMT by about $1K. I am thinking there is therefore no reason to start a DAF because I would not really be able to deduct the contribution. Corre...
by PhysicianOnFIRE
Fri Dec 29, 2017 9:25 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 3005
Views: 1914816

Re: "End of Year Rebalancing and Required Minimum Distributions"

Bogleheads: Early this year "Physician on Fire " wrote an article titled, " From 28 funds to 3 " which saved the investor "more than $28,000 a year in fees." This month, "Physician on Fire" tells us how he recommends the same couple take their RMDs (Required Minimum Distributions) and Rebalance the...
by PhysicianOnFIRE
Thu Dec 28, 2017 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?
Replies: 67
Views: 4711

Re: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?

May I sneak in a quick question? I was looking over my 2016 1040, and noticed a line where $1K was added for the AMT. I assume this means I came under the AMT by about $1K. I am thinking there is therefore no reason to start a DAF because I would not really be able to deduct the contribution. Corre...
by PhysicianOnFIRE
Mon Dec 25, 2017 11:56 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement accounts and physician SCorps and Tax Reform
Replies: 90
Views: 8679

Re: Retirement accounts and physician SCorps

My understanding is that physicians will not be eligible for the favored pass-through rates (physicians, lawyers, accountants, financial advisors, etc.). There's a list which you can search for. From Forbes: "Separately, the income deduction is not available to what the law calls a 'specified servi...
by PhysicianOnFIRE
Sun Dec 24, 2017 11:44 am
Forum: Personal Finance (Not Investing)
Topic: FIRE [financial independence/retire early]
Replies: 140
Views: 20786

Re: FIRE [financial independence/retire early]

Good morning BH, Early morning here on the west coast. I discovered Bogleheads at least a couple years before I became aware of the FIRE concept. Bogleheads helped me get my finances in order. FIRE blogs helped me take a look at the bigger picture of what that money could mean for me and my family....
by PhysicianOnFIRE
Sun Dec 24, 2017 12:41 am
Forum: Personal Finance (Not Investing)
Topic: Will you donate less to Charity?
Replies: 109
Views: 10104

Re: Will you donate less to Charity?

With the repeal of the Pease limitation, my charitable donations just got more valuable. And they are more valuable to me next year. So my 2017 annual charity checks are going out in 2018 (instead of next week). That's not how the Pease limitation works. It's a 1% to 1.2% surtax on income disguised...
by PhysicianOnFIRE
Sat Dec 23, 2017 11:54 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund (DAF) - Bunch Now - Easy (even easier than backdoor Roth)
Replies: 19
Views: 1986

Re: Donor Advised Fund (DAF) - Bunch Now - Easy (even easier than backdoor Roth)

I've been banging this drum for a few weeks now. Many people will see their marginal tax rates drop next year. Also, some of us won't be itemizing anymore, given the higher standard deduction. Don't worry about the Pease limitation -- it's just a surtax disguised as a limiation on itemized deduction...
by PhysicianOnFIRE
Sat Dec 23, 2017 10:37 pm
Forum: Investing - Theory, News & General
Topic: What is or was your target multiplier (_ x annual expenses) for retirement?
Replies: 41
Views: 6453

Re: What is or was your target multiplier (_ x annual expenses) for retirement?

I've been targeting 30x to 33x. I'm slightly past that and plan to work part time for at least a year and a half. If we see a bear market soon, I may hit the target. If not, I would expect we'll be somewhere between 35% and 40%. I'm 42 and my Scandinavian stock tends to live a long time. Wife is a b...
by PhysicianOnFIRE
Sat Dec 23, 2017 10:28 pm
Forum: Personal Investments
Topic: Donor Advised Fund costs
Replies: 45
Views: 4211

Re: Donor Advised Fund costs

The gripe about the fees is a common one. I would encourage you to compare that to the tax drag on funds held in a taxable account, which is typically the alternative place to park your money that may be donated one day. My tax drag in taxable works out to be 29% (15% +3.8% NIIT + 9.85% state income...
by PhysicianOnFIRE
Sat Dec 23, 2017 1:02 am
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 73705

Re: Tax Bill Omnibus Thread

Why start a donor advised fund now? Doing so will allow you to take a full deduction at this year’s presumably higher marginal tax rate (assuming you itemize currently). Let’s say, for example, that you plan to donate $10,000 a year over the next five years. If you donate $10,000 to charity in each...
by PhysicianOnFIRE
Fri Dec 22, 2017 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 73705

Re: Tax Bill Omnibus Thread

My personal situation/Strategy Feel free to add constructive criticism.. might help someone else.. State Tax - 9k Prop Tax - 3k subtotal 12k (will be limited to 10k in 2018) Mort Interest - 6k charity -15k --------- Total deductions 2017 - 33k Total deductions 2018 - 31k 2018 - 31k more than 24k st...
by PhysicianOnFIRE
Thu Dec 14, 2017 10:32 pm
Forum: Personal Investments
Topic: Is there still time to open a backdoor Roth this year?
Replies: 8
Views: 1106

Re: Is there still time to open a backdoor Roth this year?

Relax. You've got more than five months.

Just be sure not to have any money in a tax-deferred IRA by 12/31/2017 to avoid the pro-rata rule.

:beer
-PoF
by PhysicianOnFIRE
Thu Dec 14, 2017 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: FIRE [financial independence/retire early]
Replies: 140
Views: 20786

Re: FIRE [financial independence/retire early]

I discovered Bogleheads at least a couple years before I became aware of the FIRE concept. Bogleheads helped me get my finances in order. FIRE blogs helped me take a look at the bigger picture of what that money could mean for me and my family. I used to focus on earning and accumulating as much as ...
by PhysicianOnFIRE
Thu Dec 14, 2017 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Teaching elementary school kids about money
Replies: 32
Views: 2620

Re: Teaching elementary school kids about money

I haven't spent much time looking into it, but there's an animated series called Warren Buffett's Secret Millionaire's Club . Might be good for kids depending on their ages. My boys are 6 & 8. We do the save / spend / give jars and have recently cleared out the spend and save jars, creating the Bank...
by PhysicianOnFIRE
Thu Dec 14, 2017 1:25 pm
Forum: Personal Investments
Topic: Reached 50X annual spending. Now what?
Replies: 56
Views: 7610

Re: Reached 50X annual spending. Now what?

I know it's a subjective decision, but I'd also like to know what others here think. You have more than you need, so you a) don't need to take risk and should have a conservative (say, 30/70) portfolio, or b) can afford to take risk (because even a 50% drop leaves you at a presumably safe 25X) and ...
by PhysicianOnFIRE
Sun Dec 10, 2017 5:33 pm
Forum: Personal Investments
Topic: Easiest company for backdoor Roth
Replies: 8
Views: 879

Re: Easiest company for backdoor Roth

Here is a step by step guide to do it in Vanguard: https://www.physicianonfire.com/backdoor/ and a wonderful guide for how to fill out the Form 8606 and considerations for when to do the Backdoor IRA for a particular year. https://thefinancebuff.com/backdoor-roth-tax-return-made-easy.html Thanks fo...
by PhysicianOnFIRE
Wed Dec 06, 2017 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: How do you know you are FI? [Financially Independent]
Replies: 48
Views: 5322

Re: How do you know you are FI?

Thanks for all the great replies. 2-4 is a good range to work with. Now how do you figure out what your expenses would be? I guess 120000 a year would do it. If i go with that and 2-4% range and stay towards the 2%, I would need about 5mil. Don't guess -- track your spending. Or maybe you have and ...
by PhysicianOnFIRE
Wed Dec 06, 2017 4:35 pm
Forum: Personal Investments
Topic: Anybody use Personal Capital to advise them?
Replies: 23
Views: 5364

Re: Anybody use Personal Capital to advise them?

I used their app for awhile and also heard their pitch. I decided to keep doing what I've been doing by rolling my own. They call at least once a quarter to try to get me to sign up and it's been about 5 years since the original pitch. Be aware if you sign up for them to look at your portfolio, tha...
by PhysicianOnFIRE
Tue Dec 05, 2017 10:59 pm
Forum: Personal Consumer Issues
Topic: After financial independence, do you lose motivation for work?
Replies: 156
Views: 15228

Re: After financial independence, do you lose motivation for work?

41, FI, and I have yet to experience the euphoria of working by choice. Much of what I've read about FI says I should be enjoying my work more because it's become optional, but I find I am simply more intolerant of the nonsense that I have to put up with and more aware of the really stressful aspect...
by PhysicianOnFIRE
Sun Dec 03, 2017 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Any retired boglehead doctors out there?
Replies: 78
Views: 12406

Re: Any retired boglehead doctors out there?

That's not true for everyone. Some of us MDs are originally from very modest means and are responsible for supporting extended family, not just spouse and kids. And as mentioned by TheNightsToCome, some specialties are pretty much full-tilt or quit. You name the specialty and I'll find someone doin...
by PhysicianOnFIRE
Sat Dec 02, 2017 11:47 pm
Forum: Personal Investments
Topic: Donated shares to my DAF (Vanguard Charitable)
Replies: 6
Views: 911

Re: Donated shares to my DAF (Vanguard Charitable)

Yes they are long term gains, thank you for the clarifying question...Hoping you can explain the importance in this case.... The following is from Schwab's FAQ Appreciated non-cash assets held for more than one year generally receive a fair market value deduction of up to 30% of adjusted gross inco...
by PhysicianOnFIRE
Wed Nov 29, 2017 11:59 pm
Forum: Personal Finance (Not Investing)
Topic: Any retired boglehead doctors out there?
Replies: 78
Views: 12406

Re: Any retired boglehead doctors out there?

I am a subspecialty surgeon and in my early 40’s. I work pretty hard, and takes a lot of call. Plan to retire at 55. I don’t want to work at the current pace for the next 10 years. But I will have a hard time finding a position that will let me work part time. I have never met a surgeon who worked ...
by PhysicianOnFIRE
Sun Nov 26, 2017 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Any retired boglehead doctors out there?
Replies: 78
Views: 12406

Re: Any retired boglehead doctors out there?

I'm semi-retired, working a 0.6 FTE position now. I worked locums full time for two years to start my career, but it would be more difficult now with two boys in elementary school. We enjoy traveling with them, but we can now afford to do so without having to work. We're currently south of the bord...
by PhysicianOnFIRE
Sat Nov 25, 2017 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund for 2018 Planned Donations?
Replies: 33
Views: 4315

Re: Donor Advised Fund for 2018 Planned Donations?

I think it's a good idea. There is some real uncertainty regarding the size of the standard deduction in the future. I donated to our DAF last week and don't plan on funding it next year.

:beer
-PoF
by PhysicianOnFIRE
Sat Nov 25, 2017 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Any retired boglehead doctors out there?
Replies: 78
Views: 12406

Re: Any retired boglehead doctors out there?

I'm semi-retired, working a 0.6 FTE position now. I worked locums full time for two years to start my career, but it would be more difficult now with two boys in elementary school. We enjoy traveling with them, but we can now afford to do so without having to work. We're currently south of the borde...
by PhysicianOnFIRE
Mon Nov 20, 2017 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Using a donor-advised fund to minimize taxes
Replies: 34
Views: 4079

Re: Using a donor-advised fund to minimize taxes

Oddly, the marginal tax rate (& thereby the DAF tax savings) tends to be higher for bogleheads in the 15% bracket than those in the 25% bracket. How can a marginal tax rate be higher for those in the 15% bracket than those in the 25% bracket? :confused If you're in the 15% bracket, the deduction re...
by PhysicianOnFIRE
Sun Nov 19, 2017 11:19 pm
Forum: Personal Finance (Not Investing)
Topic: Using a donor-advised fund to minimize taxes
Replies: 34
Views: 4079

Re: Using a donor-advised fund to minimize taxes

Someone else I was talking with demonstrated to me that, apart from tax bracket changes, there is no difference in one's net worth whether one donates to a DAF now, gets the tax deduction, and invests that tax deduction or simply holds on to the after-tax funds in a taxable account and donates them...
by PhysicianOnFIRE
Tue Nov 14, 2017 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Why NOT make more money?
Replies: 213
Views: 24313

Re: Why NOT make more money?

Also, I'm now able to disappear for weeks at a time. My family is embarking on a three-week Spanish immersion adventure starting this Sunday. I wouldn't be able to do so if I were focused on making more money. This is the main freedom I miss by having a job. In my ideal world, I'd have summers off ...
by PhysicianOnFIRE
Sat Nov 11, 2017 12:33 am
Forum: Personal Finance (Not Investing)
Topic: Why NOT make more money?
Replies: 213
Views: 24313

Re: Why NOT make more money?

We hit our FI number 2-3 years ago about the same time we discovered the concept. In the meantime, the tailwinds of a strong stock market and continued earnings at an anesthesiologist's salary have put us comfortably beyond FI. I've chosen to make less money now. I'm still working, but at a slower p...
by PhysicianOnFIRE
Sat Nov 11, 2017 12:26 am
Forum: Personal Investments
Topic: Backdoor Roth going forward
Replies: 8
Views: 1281

Re: Backdoor Roth going forward

mega317 wrote: Sat Nov 11, 2017 12:19 am To specifically address your question: I would choose taxable investing over a non-deductible traditional IRA due to flexibility and favorable capital gains tax rates.
I like this response. Actionable and sensible. I concur.

:beer
-PoF
by PhysicianOnFIRE
Sat Nov 04, 2017 8:26 pm
Forum: Personal Investments
Topic: Preparing For "Early Retirement" In A Couple of Years
Replies: 77
Views: 9658

Re: Preparing For "Early Retirement" In A Couple of Years

Questions: 1. I was reading about the Trump tax plan that a 20% long-term capital gains rate will be applied to all income brackets. That scares me, since I was planning on paying 0% capital gains in retirement and slowly selling my positions that have gains. That could change my retirement plannin...
by PhysicianOnFIRE
Sat Nov 04, 2017 2:19 pm
Forum: Investing - Theory, News & General
Topic: "Probably the World's Best Investment Forum"
Replies: 34
Views: 10769

Re: "PROBABLY THE WORLD'S BEST INVESTMENT FORUM"

I caught that, too, and already have "We Know Jack" scheduled to be published tomorrow among my Sunday Best posts.

The Bogleheads meeting coincided with the American Society of Anesthesiologists Annual Meeting this year, so I wasn't able to attend, but I'd like to make it to one soon.

:beer
-PoF
by PhysicianOnFIRE
Fri Oct 13, 2017 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Well Done Ally Bank - CD purchase
Replies: 61
Views: 13835

Re: Well Done Ally Bank - CD purchase

A few months ago I opened an account with Ally Bank, today (a bank holiday) I purchased my first CD and all I can say is I was very impressed by the ease and simplicity of the process. Two Thumbs. Considering all the poor service threads I thought I would give a shout out for good customer service....
by PhysicianOnFIRE
Thu Oct 12, 2017 5:08 pm
Forum: Personal Investments
Topic: Contribute to bad 457b or invest in taxable account?
Replies: 5
Views: 667

Re: Contribute to bad 457b or invest in taxable account?

A mandatory 457(b) contribution? That's odd, but even it is wasn't mandatory, you should never turn down free money. I'd fund the 457(b) with just enough to get that 3% match, but no more. If you have additional money to invest and you've exhausted other tax advantaged accounts you may have, like a ...
by PhysicianOnFIRE
Thu Oct 12, 2017 4:49 pm
Forum: Personal Investments
Topic: How young is too young to retire.
Replies: 55
Views: 10550

Re: How young is too young to retire.

I would stop thinking of your goal as early retirement, but instead frame it as achieving financial independence (FI). That might make more sense and sound more appealing to you and particularly your wife. FI means that, yes, you have enough money to retire, but retirement is just one of many option...
by PhysicianOnFIRE
Tue Oct 10, 2017 10:03 pm
Forum: Personal Investments
Topic: Anesthesiologist Advise [how to save money]
Replies: 45
Views: 7907

Re: Anesthesiologist Advise [how to save money]

I strongly disagree with anyone who states that current income is ok at any level. As long as your income for the time you put in is lower than it would be some where else then your current income is not ok. This is objective from a purely mathematical standpoint. The next question is whether the t...
by PhysicianOnFIRE
Tue Oct 10, 2017 2:44 pm
Forum: Investing - Theory, News & General
Topic: Dividends vs. Capital Gains for Spending Needs?
Replies: 212
Views: 23972

Re: Dividends vs. Capital Gains for Spending Needs?

I love dividends! Well, not exactly, but I do tilt toward dividend paying stocks in my portfolio. I simply do so in my Roth IRA. Value stocks tend to be more likely to pay a dividend as compared to growth stocks, and I own Vanguard’s small cap and mid cap indexes in my Roth IRA. I also own the REIT...