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Updated over 6 years ago,

User Stats

17
Posts
3
Votes
Seann Brown
  • Rental Property Investor
  • Los Angeles, CA
3
Votes |
17
Posts

Cashing out 401k to buy rental property

Seann Brown
  • Rental Property Investor
  • Los Angeles, CA
Posted
Have $100k In my 401k, would it be wise to cash out the entire amount for a rental property? What would be the tax implications? I live in CA. I know I would pay the tax on it now, but it was all tax deferred contributions any way and I’m going to pay the tax when I retire.

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