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Updated over 1 year ago,
Max out Roth IRA or reinvest into real estate property?
So the first year house hacking my duplex is almost up and to account for the amount of work needed on the property I decided to pause my contributions to my roth IRA and TOD accounts I have with a financial advisor. I think total I was contributing around $600 a month. Right now my property is vacant besides me and am in need of a tenant but I'm working on that. I reeeally want to get back to the point where I'm maxing out my investment vehicles I have with my advisor but also really want to continue contributing to improving this duplex because it's old and still needs a fair amount of work. One year off from contributing to my roth is definitely affecting my compound interest but budget wise once I get a tenant my savings rate will go back up to around $1600. Would it be best to contribute to my roth or should I continue putting money back into my duplex?