Dustin
๐ค SpeakerAppearances Over Time
Podcast Appearances
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Hey, thank you. So my wife and I, we're in our mid-30s and we are so close to baby step seven, we can feel it. But we have one small hurdle that we got to jump over to get there and differing opinions kind of on how to resolve it and hoping to get some advice and maybe you guys can break a tie for us.
Hey, thank you. So my wife and I, we're in our mid-30s and we are so close to baby step seven, we can feel it. But we have one small hurdle that we got to jump over to get there and differing opinions kind of on how to resolve it and hoping to get some advice and maybe you guys can break a tie for us.
Hey, thank you. So my wife and I, we're in our mid-30s and we are so close to baby step seven, we can feel it. But we have one small hurdle that we got to jump over to get there and differing opinions kind of on how to resolve it and hoping to get some advice and maybe you guys can break a tie for us.
All right. So we've knocked out all of our debt using the baby steps. We paid off about $350,000 worth over about two and a half years. Wow. $350,000 you guys paid off? Yeah, well, not all paid off. We sold stuff. I mean, we had everything under the sun.
All right. So we've knocked out all of our debt using the baby steps. We paid off about $350,000 worth over about two and a half years. Wow. $350,000 you guys paid off? Yeah, well, not all paid off. We sold stuff. I mean, we had everything under the sun.
All right. So we've knocked out all of our debt using the baby steps. We paid off about $350,000 worth over about two and a half years. Wow. $350,000 you guys paid off? Yeah, well, not all paid off. We sold stuff. I mean, we had everything under the sun.
Automobiles and campers, and I don't even like camping. So all we have left now is our primary home, and we do have a vacation home. And what we want to do is sell our primary home and move into the vacation home, which we like better anyways. And basically the net proceeds from selling our main house will pay off our vacation home, which will become our primary residence.
Automobiles and campers, and I don't even like camping. So all we have left now is our primary home, and we do have a vacation home. And what we want to do is sell our primary home and move into the vacation home, which we like better anyways. And basically the net proceeds from selling our main house will pay off our vacation home, which will become our primary residence.
Automobiles and campers, and I don't even like camping. So all we have left now is our primary home, and we do have a vacation home. And what we want to do is sell our primary home and move into the vacation home, which we like better anyways. And basically the net proceeds from selling our main house will pay off our vacation home, which will become our primary residence.
Great. Yeah. So we're ready to go. The problem is I bought the vacation home prior to our marriage and I unfortunately bought it from a friend. He's carrying the note. And when I kind of brought up to him, you know, excited that, hey, I'm going to have a big, big check for you.
Great. Yeah. So we're ready to go. The problem is I bought the vacation home prior to our marriage and I unfortunately bought it from a friend. He's carrying the note. And when I kind of brought up to him, you know, excited that, hey, I'm going to have a big, big check for you.
Great. Yeah. So we're ready to go. The problem is I bought the vacation home prior to our marriage and I unfortunately bought it from a friend. He's carrying the note. And when I kind of brought up to him, you know, excited that, hey, I'm going to have a big, big check for you.
he kind of pushed back and, you know, he's kind of saying he wants to spread his capital gains tax over the 10 year note that we'd agreed upon at the 4% interest rate and kind of just, you know, park his money in that investment. So my question is, how do I how do I do this? I don't want to burn a friendship.
he kind of pushed back and, you know, he's kind of saying he wants to spread his capital gains tax over the 10 year note that we'd agreed upon at the 4% interest rate and kind of just, you know, park his money in that investment. So my question is, how do I how do I do this? I don't want to burn a friendship.
he kind of pushed back and, you know, he's kind of saying he wants to spread his capital gains tax over the 10 year note that we'd agreed upon at the 4% interest rate and kind of just, you know, park his money in that investment. So my question is, how do I how do I do this? I don't want to burn a friendship.
My wife wants me to just slap a check on his desk, but she doesn't have to play golf with him on Saturday morning. So I'm not really sure how to approach this conversation without, you know.
My wife wants me to just slap a check on his desk, but she doesn't have to play golf with him on Saturday morning. So I'm not really sure how to approach this conversation without, you know.