David
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account types, a Roth IRA, taxable investments, a 403B, and cryptocurrencies. But if 50 to, let's just say 50,000 to 150,000 or more down payment was needed, I was just curious, what should we consider in terms of tax implications, withdrawing strategies, or just selecting which of those accounts to draw from?
account types, a Roth IRA, taxable investments, a 403B, and cryptocurrencies. But if 50 to, let's just say 50,000 to 150,000 or more down payment was needed, I was just curious, what should we consider in terms of tax implications, withdrawing strategies, or just selecting which of those accounts to draw from?
I currently don't have a large liquid down payment available, but with a couple months notice, I'm just curious, Lisa, your advice for where I could access a large down payment if needed.
I currently don't have a large liquid down payment available, but with a couple months notice, I'm just curious, Lisa, your advice for where I could access a large down payment if needed.
I currently don't have a large liquid down payment available, but with a couple months notice, I'm just curious, Lisa, your advice for where I could access a large down payment if needed.
I do have the nerdy spreadsheet, but no, I have not taken the next step to really see the tax implications or exactly where I want to draw this money from. I just want to minimize the tax bill from potentially tapping into these accounts that in theory are for long-term growth, but this is obviously a major life change and I know that having access to this is definitely a time to use it.
I do have the nerdy spreadsheet, but no, I have not taken the next step to really see the tax implications or exactly where I want to draw this money from. I just want to minimize the tax bill from potentially tapping into these accounts that in theory are for long-term growth, but this is obviously a major life change and I know that having access to this is definitely a time to use it.
I do have the nerdy spreadsheet, but no, I have not taken the next step to really see the tax implications or exactly where I want to draw this money from. I just want to minimize the tax bill from potentially tapping into these accounts that in theory are for long-term growth, but this is obviously a major life change and I know that having access to this is definitely a time to use it.
As a teacher, the goal is to obviously finish out the school year, which for me here would be the end of May. I wouldn't need to, for my job, I would have a nice about two months, June and July, to get out there. But I just think the logistics of the move are also the most daunting.
As a teacher, the goal is to obviously finish out the school year, which for me here would be the end of May. I wouldn't need to, for my job, I would have a nice about two months, June and July, to get out there. But I just think the logistics of the move are also the most daunting.
As a teacher, the goal is to obviously finish out the school year, which for me here would be the end of May. I wouldn't need to, for my job, I would have a nice about two months, June and July, to get out there. But I just think the logistics of the move are also the most daunting.
It's just should we hire professional movers, use a service like pods or U-Haul, or we also consider just selling a lot of our belongings and starting fresh. I did get a quote from a few of these options, but I'm just curious if anyone else on the call has an idea for where should we start in terms of physically getting a four or five bedroom house with two small children 2,000 miles away.
It's just should we hire professional movers, use a service like pods or U-Haul, or we also consider just selling a lot of our belongings and starting fresh. I did get a quote from a few of these options, but I'm just curious if anyone else on the call has an idea for where should we start in terms of physically getting a four or five bedroom house with two small children 2,000 miles away.
It's just should we hire professional movers, use a service like pods or U-Haul, or we also consider just selling a lot of our belongings and starting fresh. I did get a quote from a few of these options, but I'm just curious if anyone else on the call has an idea for where should we start in terms of physically getting a four or five bedroom house with two small children 2,000 miles away.
No, not gotten that far. I don't know if it comes across on the call, but feng shui is not in my vocabulary. That is not something that I think about. My wife, definitely I could see her once we find a place to live, realizing that, yeah, the couch or, yeah, a large piece of furniture just doesn't fit. So this is helpful feedback.
No, not gotten that far. I don't know if it comes across on the call, but feng shui is not in my vocabulary. That is not something that I think about. My wife, definitely I could see her once we find a place to live, realizing that, yeah, the couch or, yeah, a large piece of furniture just doesn't fit. So this is helpful feedback.
No, not gotten that far. I don't know if it comes across on the call, but feng shui is not in my vocabulary. That is not something that I think about. My wife, definitely I could see her once we find a place to live, realizing that, yeah, the couch or, yeah, a large piece of furniture just doesn't fit. So this is helpful feedback.
I do think there's maybe an argument to sell and start fresh once we see what we need. Really just bringing the basics, I feel like, would really make this a lot easier.
I do think there's maybe an argument to sell and start fresh once we see what we need. Really just bringing the basics, I feel like, would really make this a lot easier.
I do think there's maybe an argument to sell and start fresh once we see what we need. Really just bringing the basics, I feel like, would really make this a lot easier.