401K Retirement: High Risk To Be Millionaire
#9
Lol Still long way to go

I mean try to do less stress but make money, not the only way to be millionaire.

I used to get tax refund around 5k - 7k for over 6 years but this year only 1k so it's time to stop renting because I don't see if can run away from tax anymore. In order to sell without paying capitol gain tax, i have to convert it back to primary for 2-3 years before can sell since I bought for 105k and now 430k. If it's around 120k in value, then I won't bother to convert.

The law is kinda ridiculous. Even you don't rent out, you still have to fill it as a rental property with city/county if you own more than 2 houses. I was living in 2 hours for 8 years, then finally sold one house in order to convert the rental to primary. 

If you can maintain yourself, then it's good since I won't let property manager to get a penny from me  Biggrin
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RE: 401K Retirement: High Risk To Be Millionaire - by BrokeAssMillionaire - 2021-11-22, 12:06 PM