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Updated over 5 years ago,
payoff personal debt vs investing
Hello All!
I am a newbie still educating myself and have not done a deal yet. I am stashing up cash (pre tax) for my first deal but now i am having a second thought and wondering if I should :
1) pay the tax and use the remainder towards my student loan
2) move the cash into my self directed retirement account and fund my 1st deal out of it (to defer and lower my tax liability)
3) take the tax hit now and use the remainder to fund my 1st deal
Thanks in advance.