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Updated over 6 years ago on . Most recent reply

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4
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Howard L Weinstock
  • Fredericksburg, VA
0
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4
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Flips & SSA: Strategies to avoid earned income but still REI

Howard L Weinstock
  • Fredericksburg, VA
Posted
I did first flip in '17, at which time the CPA & I agreed to draw SSA at 66.5 yoa. Now, in '18 with 1 rental, he says 62 yoa in '19, if no earned income (to avoid tax on SSA. I have unearned income from military pension & disability, plus rent). Since SSA is actuarially neutral, there's no reason to delay entitlement, especially since it'll only pay ~75% of current benefit ~2032, if not reformed. While this seems to eliminate flips, thought I'd test the waters here for ideas on how to keep flipping with compensation, without triggering trouble. Thanks

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