Ask Paula: Should I Sell My Rentals to Buy More Stocks?

Published: Oct. 26, 2022, 8:45 p.m.

#409: Liz and her husband are planning to retire in 5 to 10 years. They have rental income properties, but Liz is bored of managing these, and she\u2019s intrigued by the idea of buying stocks at a discount when the market is low.\xa0Should she sell her rental properties and use the money to buy stocks instead?\nRebecca is a high income earner and thinking about investing in a Roth 401k \u2026 but she\u2019s scared of how much she\u2019ll have to pay in taxes. Should she do it anyway?\nAnonymous made big changes last year: she got a new career AND sold a house! Now she needs help figuring out capital gains and lowering how much she\u2019ll have to pay in taxes \u2026 and she won\u2019t have access to her company\u2019s 401K for most of the year.\nKyle and his wife are moving into their dream home! What should they do with their current place?\nFormer financial planner Joe Saul-Sehy and I tackle these four questions in today\u2019s episode.\nEnjoy!\nP.S. Got a question? Leave it here\nLearn more about your ad choices. Visit podcastchoices.com/adchoices