Don't I get to ignore the house debt if I have equity?

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Jun 14, 2021
5:03:46pm

paulb All-American

Don't I get to ignore the house debt if I have equity?

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paulb

Bio page: paulb
Joined: Sep 30, 2011
Last login: Apr 28, 2024
Total posts: 24,535 (764 FO)

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Messages

Author

Time

POLL: What is your debt to 401(k) ratio?

Eddie

6/14/21 5:00pm

Don't I get to ignore the house debt if I have equity?

paulb

6/14/21 5:03pm

I'm 37. I have 2 rentals and 400,000 in my Etrade account. I don't believe in 401k or other tax saving things.

EternalOptimism

6/14/21 5:07pm

Be sure to run this by an estate planning attorney. Could have negative tax

VenturaCoug

6/14/21 5:48pm

Board name checks out

jkccoug

6/14/21 10:21pm

Where does student loan debt fit into this

Slim

6/14/21 5:16pm

RE: Where does student loan debt fit into this

6/14/21 5:17pm

If you want to live in hell or go to hell

Future_Tacos

6/14/21 5:20pm

So...what you're saying is you have no retirement savings?? Lol

BYUCPA

6/14/21 6:31pm

That would be hilarious. Super lols

Future_Tacos

6/14/21 8:23pm

I have *exponentially* more retirement savings. No debt is nice.

fbguru

6/14/21 5:48pm

I have very little but it is more than my debt. What I do have is passive income

Nat Gas Man

6/14/21 7:47pm

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