Hi Joseph,

Congrats on your strategic thinking!

This sounds like a question to take to your CPA because taxation will be a big part of the formula to determine your answer. It will also depend on where your ongoing income comes from... like there could be a big difference in whether you are employed or self-employed, and have you maxed-out your pre-tax retirement savings options, etc. etc.

If you don't have a CPA, start a relationship with one close by - you actually want to be able to go to their office and discuss this face to face. Since tax season for accountants is just ending today, give them a little time to breathe. Then call next month to make an appointment to see him or her in May or June.

Cheers,
Cyberhost at Idea CafeThe Fun Place for Serious Business(sm)
;-)