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Updated over 5 years ago,

User Stats

10
Posts
1
Votes
Komi Agbodzie
1
Votes |
10
Posts

payoff personal debt vs investing

Komi Agbodzie
Posted

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.

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