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All Forum Posts by: Jennifer Taylor

Jennifer Taylor has started 1 posts and replied 3 times.

Any suggestions? 

I've thought about buying a warehouse but then I have the problem of how to make the warehouse earn money. There is a chicken/egg problem there because you need the business to need the warehouse and you need the warehouse to have the business.

Also, I've thought about finding an accredited investor who would put the money into an oil well on my behalf. I've also thought about buying several single family homes, renting them out, and doing a cost-segregation.

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.