Ep 92: Roth Conversions, Rental Property & Income, Inheritance Decisions – Mailbag Episode

<p style="margin: 0in;"><span style= "font-size: 14.0pt; font-family: 'Arial',sans-serif; color: #0e101a;"> Today we’re going to open up the mailbag to</span> <span style= "font-size: 14pt; font-family: Arial, sans-serif; color: rgb(14, 16, 26);"> answer your financial questions and we’ll be covering some great income, tax and investing topics.</span> <span style= "font-size: 14.0pt; font-family: 'Arial',sans-serif; color: #0e101a;"> We hope this episode provides some great information that you can take and implement into your financial plan to help you build wealth and retire with confidence. </span></p> <p> </p> <p class="MsoNoSpacing"><strong><span style= "font-size: 14.0pt; font-family: 'Arial',sans-serif; mso-bidi-font-style: italic;"> Here’s more of what you’ll learn on this episode: </span></strong><span style= "font-size: 14.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-fareast-font-family: Arial;"> </span></p> <ul> <li class="BodyA"><span style= "font-size: 14.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-fareast-font-family: Arial;"> Should I start converting as much as my IRA to a Roth IRA <strong>(4:24)</strong></span></li> <li class="BodyA"><span style= "font-size: 14.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-fareast-font-family: Arial;"> The two main factors you need to consider before doing a Roth conversion. <span style= "mso-spacerun: yes;"> </span><strong>(7:09)</strong></span></li> <li class="MsoNoSpacing"><span style= "font-size: 14.0pt; font-family: 'Arial',sans-serif; mso-bidi-font-style: italic;"> Here’s what we’d recommend when deciding on a Roth conversion. <strong><span style= "mso-spacerun: yes;"> </span>(12:54)</strong></span></li> <li class="BodyA"><span style= "font-size: 14.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-fareast-font-family: Arial;"> Which rental property option is better? Cash out investments and pay cash, take out a home equity loan, or just have a mortgage on the property? <strong>(15:18)</strong></spa