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|Topic subject||RE: Investing Strategy, Using equity|
148, RE: Investing Strategy, Using equity|
Posted by CyberHost, Wed Apr-18-07 05:06 AM
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.
Cyberhost at Idea CafeThe Fun Place for Serious Business(sm)