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Possibly from 24 to 22% but for sure no lower Unless I divorce which would end up costing much much more in the long haul.

The problem with the lower tax bracket is my wife still has another 8 years to work before fully vested to maintain her health insurance, I can go anytime (a little older) I really don't ever see our income dropping a bracket.

Two towers one built in 2023 the other completion expected April 2024. Orange Beach Alabama.

I guess I'm figuring I have to pay the taxes at some point so may as well get some enjoyment while still young enough investing in something I could use in off season when rent is slow (my favorite time to be there anyway) with approx. 1/2 the account while leaving the other 1/2 as is.

Real estate interested in is oceanfront high-rise that I'd pay 18% to a property management company to keep rented out. High rental potentials in the area almost year round. Not planning to make this my hobby just investment. Sounds like you are not in agreement with my thoughts so maybe I...

I am 60 years old and want to start pulling money from my 401K for investing in real estate opportunities. I'm not yet retired and my wife works as well. I would like to remove about half my 401k to get it taxed at my current rate so this will only allow me to remove ~80k per year not to go...