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Multi-Family and Apartment Investing

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Jennifer Taylor
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What strategy for 300K?

Jennifer Taylor
Pro Member
Posted Mar 4 2024, 11:18

Would love to get seasoned investors' advice on how they would solve this investment/tax challenge: I am about to transfer 300k from a retirement vehicle so that I can use the money to retire early. It is money I can take out early and avoid the penalty because of a divorce but it has to go to a personal bank account and it has to come to me in a lump sum. My goal is to put it into an investment that will depreciate enough in the first year to cover taxes at ordinary income rate on 300k. 

The ultimate goal is to work toward 10K/month net passive income. 

I realize I will get several different answers which is exactly what I'm looking for--to see all sides of the cube. Thank you in advance.

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