Catherine
๐ค SpeakerAppearances Over Time
Podcast Appearances
Well, unfortunately, those grandchildren are in California. But, you know, and it's maybe outside of Los Angeles because, you know, I'm in a fire zone too.
My main question, Jade, is does it make sense for me to sell the house before it hits the two-year mark as primary residence? I would be foregoing about... you know, 70 to $80,000 of tax, you know, but I've already spent 60 and I'm going to spend another 30 or 40 for the rest of the year. And I'm choking.
My main question, Jade, is does it make sense for me to sell the house before it hits the two-year mark as primary residence? I would be foregoing about... you know, 70 to $80,000 of tax, you know, but I've already spent 60 and I'm going to spend another 30 or 40 for the rest of the year. And I'm choking.
My main question, Jade, is does it make sense for me to sell the house before it hits the two-year mark as primary residence? I would be foregoing about... you know, 70 to $80,000 of tax, you know, but I've already spent 60 and I'm going to spend another 30 or 40 for the rest of the year. And I'm choking.
Because it feels financially absolutely so uncomfortable. Right, because it's more than half of your take home.
Because it feels financially absolutely so uncomfortable. Right, because it's more than half of your take home.
Because it feels financially absolutely so uncomfortable. Right, because it's more than half of your take home.
No, that's an additional. So I'm going in the hole, I'm borrowing.
No, that's an additional. So I'm going in the hole, I'm borrowing.
No, that's an additional. So I'm going in the hole, I'm borrowing.
Um, that's going to be just covering all the nut because, um, it's actually more like, let's, you're only making 66 to 6,500.
Um, that's going to be just covering all the nut because, um, it's actually more like, let's, you're only making 66 to 6,500.
Um, that's going to be just covering all the nut because, um, it's actually more like, let's, you're only making 66 to 6,500.
Um, I would be walking away with about 1.2. One or 1.2 million. Wow.
Um, I would be walking away with about 1.2. One or 1.2 million. Wow.
Um, I would be walking away with about 1.2. One or 1.2 million. Wow.
No, the taxes would be because I bought that property for such so low amount. Right, right, right. The overall with everything said and done is still going to be like 300,000 of taxes to pay. Okay. So it's like under that category of math is not a feeling. It's like, as you can hear, I am like struggling every month.
No, the taxes would be because I bought that property for such so low amount. Right, right, right. The overall with everything said and done is still going to be like 300,000 of taxes to pay. Okay. So it's like under that category of math is not a feeling. It's like, as you can hear, I am like struggling every month.
No, the taxes would be because I bought that property for such so low amount. Right, right, right. The overall with everything said and done is still going to be like 300,000 of taxes to pay. Okay. So it's like under that category of math is not a feeling. It's like, as you can hear, I am like struggling every month.
Let me give him a call. Guys, I need to sell my pacemaker.