[Dougie944]

Let me also say that I have rented and waited for 4 years to see property descriptions like this one. All the while watching everyone around me act like they were rich and extremely brilliant. I continued to save and make what I thought were responsible decisions (even though at times it seemed rather stupid).

Forgive me if I take a moment to gloat over that property description. Short sale, 24 hr notice, real estate agent, sheriff, locksmith, jail time……can’t get much better than that.

[Dougie944]

Let me also say that I have rented and waited for 4 years to see property descriptions like this one. All the while watching everyone around me act like they were rich and extremely brilliant. I continued to save and make what I thought were responsible decisions (even though at times it seemed rather stupid).

Forgive me if I take a moment to gloat over that property description. Short sale, 24 hr notice, real estate agent, sheriff, locksmith, jail time……can’t get much better than that.

[Dougie944]

Let me also say that I have rented and waited for 4 years to see property descriptions like this one. All the while watching everyone around me act like they were rich and extremely brilliant. I continued to save and make what I thought were responsible decisions (even though at times it seemed rather stupid).

Forgive me if I take a moment to gloat over that property description. Short sale, 24 hr notice, real estate agent, sheriff, locksmith, jail time……can’t get much better than that.

[Dougie944]

Let me also say that I have rented and waited for 4 years to see property descriptions like this one. All the while watching everyone around me act like they were rich and extremely brilliant. I continued to save and make what I thought were responsible decisions (even though at times it seemed rather stupid).

Forgive me if I take a moment to gloat over that property description. Short sale, 24 hr notice, real estate agent, sheriff, locksmith, jail time……can’t get much better than that.

[Dougie944]

Most of the time people say something is the “best ever”, it really isn’t. This would be the exception.

[Dougie944]

Most of the time people say something is the “best ever”, it really isn’t. This would be the exception.

[Dougie944]

Most of the time people say something is the “best ever”, it really isn’t. This would be the exception.

[Dougie944]

Most of the time people say something is the “best ever”, it really isn’t. This would be the exception.

[Dougie944]

Most of the time people say something is the “best ever”, it really isn’t. This would be the exception.

[Dougie944]

A Corvette actually gets better gas mileage and the costs of the 2 vehicles is fairly close….depending on the models. I don’t understand how that is a sacrifice at all.

How can people earning what they were earning not have saved and paid off the things they were buying? That is so irresponsible. Nobody could possibly feel sorry for this couple.

[Dougie944]

A Corvette actually gets better gas mileage and the costs of the 2 vehicles is fairly close….depending on the models. I don’t understand how that is a sacrifice at all.

How can people earning what they were earning not have saved and paid off the things they were buying? That is so irresponsible. Nobody could possibly feel sorry for this couple.

[Dougie944]

A Corvette actually gets better gas mileage and the costs of the 2 vehicles is fairly close….depending on the models. I don’t understand how that is a sacrifice at all.

How can people earning what they were earning not have saved and paid off the things they were buying? That is so irresponsible. Nobody could possibly feel sorry for this couple.

[Dougie944]

A Corvette actually gets better gas mileage and the costs of the 2 vehicles is fairly close….depending on the models. I don’t understand how that is a sacrifice at all.

How can people earning what they were earning not have saved and paid off the things they were buying? That is so irresponsible. Nobody could possibly feel sorry for this couple.

[Dougie944]

A Corvette actually gets better gas mileage and the costs of the 2 vehicles is fairly close….depending on the models. I don’t understand how that is a sacrifice at all.

How can people earning what they were earning not have saved and paid off the things they were buying? That is so irresponsible. Nobody could possibly feel sorry for this couple.

[Dougie944]

Mandatory withdrawals out of a 401k start on the year you turn 71.5. I am not sure how that plays out if all your cash was tied up in a piece of real estate. I would guess that you are not immune to this law and you better have some liquid reserves to withdrawal.

In a self directed 401k, I understand that you must be able to purchase the property without additional financing.

With the current housing and looming commercial property problems, I think this would be a horrible investment at the moment.

I don’t see how starting a self directed 401k would affect your tax basis. Am I missing something?

[Author]

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