Have 160k in company stocks, suggestions on investing it.
I can keep that money as down-payment but cannot afford the mortgage, so not gonna buy home until a year or two from now. But is buying a house the first big investment everyone does? Has anyone thought/did anything different? Like buying a commercial space to rent out office space or shops or anything else? #stock #rsu #tc #investment
Keep a good chunk in something liquid in case you come into a great opportunity. Think 50-100k of stocks that you could liquidate immediately. After that real estate is great.
You don't have to pay capital gain taxes if you sell your house (once you stay few years) unlike commercial spaces
Only on the first $250k of profit ($500k if MFJ).
1031 exchange
Be debt free before you buy a house then save 20% down. I don't like to keep stocks as they are too risky, I would rather have them in mutual funds
Buying investment real estate and renting where you live is definitely a legit strategy. Some would consider it better than buying a house for yourself. You should pursue if that’s what is interesting to you
How is it better than buying a house for yourself? Buying a house for yourself is essentially just paying rent to yourself, plus all the tax benefits that come with it, and the fact that you don’t have to deal with shitty tenants.
When you buy your own house, you buy the house you want to live in, which may not be a great investment property. your own house often costs you a lot of money. When you buy to invest, you pick properties with the goal of return on investment of some sort, such as consistent cash flow. This kind of property maximizes incoming cash or appreciation and minimizes costs, but may not be the house you personally want to live in.