Skip to content
Personal Finance

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 Sep 18 2018, 11:21
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.

Loading replies...