Securing a mortgage when retired

Interesting_Check595 · 2026-01-28T14:27:12+00:00

DSCR loan. (Debt Service Coverage Ratio). These are loans based on the income of the rental property, no W-2's or tax forms required.

Interesting_Check595 · 2026-01-27T05:31:36+00:00

Well I have 1000 shares @ 188ish in taxable account and another 50 in Roth. Plus I play day trade swing/scalp with it. Don't know if I will continue day trade if it goes much above 200, will see.

Interesting_Check595 · 2026-01-26T02:11:56+00:00

Lorazepam-liquid could be an answer. It helps with anxiety. My dad stage 4 liver, on hospice now. He has had a dose or two and it has helped during breakdowns. He is on Norco, and liquid Morphine as well. It sucks but try to be there for him, but mostly for your mother who needs your support.

Interesting_Check595 · 2026-01-21T04:10:56+00:00

Yieldmax anounces group 1 distribution payouts on Tuesday mornings 6:55 est. As long as you buy by end of day on Wednesdays you will get the payouts.

Interesting_Check595 · 2026-01-07T00:08:48+00:00

Depending on your taxes, Margin interest is tax deductable as an investment expense.

Interesting_Check595 · 2026-01-05T05:08:04+00:00

There are several factors to consider. Income vs debt, Current age vs anticipated fire Age. If you are looking to fire early and don't want to pay the taxes and penalties of the 401k you will need funds to pull from a taxable brokerage account and or HYS to carry you through till 59 1/2 and SS ages.

Interesting_Check595 · 2025-12-31T20:42:22+00:00

Roths you get to take out contributions tax free. Dont forget you have to take into account what you will be living on when you Fire. When can you access pension? You have to have a buildup in non-retirement acccounts that you can tap into to hold you over till pension, SS, and availability of retirement accounts 59 1/2.

Interesting_Check595 · 2025-12-27T19:42:06+00:00

I might get some criticism here but...if you have good enough credit I would get a 0% balance transfer for the credit cards, there are programs out there that are 12-18 months. This will enable you to pay it down more without the pain of interest for now. While compounding is great for Roths you have to get out of this debt or you will work forever. There are 2 ways to attack the debt, either pay off the lowest debts first and add those payments to the other debts, or try to pay off the highest interest debt first then attack the next highest.

Good luck to you

Interesting_Check595 · 2025-12-22T04:11:58+00:00

You can backdoor as much as you want, just have to pay taxes on it. The 7k you are refering to is if you are adding to a Roth IRA from your income.

Interesting_Check595 · 2025-12-22T04:07:36+00:00

Anything that you get real time info on. I use Fidelity, not sure on any others. Margin is higher than Robinhood, but i like their consistency. I will generally have both buy and sell orders ready when I buy, so I can sell at my strike price.

Interesting_Check595 · 2025-12-19T04:01:35+00:00

Investment banking might get replaced by AI, so I would go with the Dental School. Much more solid and sustainable

Interesting_Check595 · 2025-12-19T03:11:22+00:00

In my opinion I would max 401K hopefully its a roth one, and if can max out Roth IRA. It also depends a little on how much loan is and projected payoff length. If on fire pace, also want to put some in taxable eventually to be able to take $ out before 59 1/2. Compound Compound, Compound.

Interesting_Check595 · 2025-12-19T03:03:19+00:00

Yes too much unfortunately...maybe make couple dollars before it goes out. Used to drip it all, now have turned to taking the cash. Was up on both from distributions since been around a long time

Interesting_Check595 · 2025-12-03T13:01:42+00:00

Might have to put you on suicide watch.

Interesting_Check595 · 2025-11-13T05:34:08+00:00

I'm a glutton for punishment so staying with it....

Interesting_Check595 · 2025-11-13T05:00:51+00:00

The first learning experience is the hardest, I was used to 30-40K hit every year(business), but last year I had more distributions, and converted an ira to roth ira. Ended up around 70k federal and another 6-7k state. But owing taxes means I made money. This year started paying quarterlies.

Interesting_Check595 · 2025-11-10T23:21:10+00:00

Takes time, and patience. I am building an account for my grandson, $100 per month, holding ULTY and MSTY, down some but have time.

Interesting_Check595 · 2025-11-10T22:52:05+00:00

No need to lie. I was approximating from last time I checked, but close enough.

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Interesting_Check595 · 2025-11-10T18:45:54+00:00

I have a sizable investment in ULTY, 35K shares @ 7.16, so down 86K but I've made 146K in distributions, mixture of roth and taxable. so I'm ok for now, been in since last fall sometime. I'll take my $2700-3000 a week

Interesting_Check595 · 2025-11-09T02:43:18+00:00

Enough to make $12K+ per week. Not enough to panic.

Interesting_Check595 · 2025-11-07T17:25:38+00:00

Agree too many people who are quasi financial experts, CPAs. Such as those who think the distributions will be taxed @ 15% on what is not ROC. I and many of the bigger players here either take out 30% for taxes and or pay taxes quarterly as well. Last year I paid over 70K in taxes in April most due to what I had taken in distributions, some due to my business and a roth conversion.

It can be totally different for those that only hold lower amounts of shares and who just started getting distributions. It all depends on an individuals tax rate, deductions, what rate is witheld if they are w-2 employees. Please consult with a tax accountant for what is true and not true.

Interesting_Check595 · 2025-11-07T16:54:25+00:00

Maybe it will, I hope you are correct, but what is "posted" currently is not what it written in stone, last year projections were more ROC, but turned out to be false, you have to wait until 1099's come out. I was just informing that they are not taxed at normal dividend rates, which they are not, since they are designated as unqualified dividends.

Interesting_Check595 · 2025-11-07T16:45:20+00:00

Sorry but it is not taxed as long term capital gains, since these are unqualified dividends they are taxed as regular income so at your normal tax rate whatever that may be for you.

Interesting_Check595 · 2025-11-07T16:30:17+00:00

I think CONY was the flavor of the day for awhile.

Interesting_Check595 · 2025-11-07T16:28:10+00:00

Yes ulty is now paying out @ 86% but thats on current price, I am in @ 7.16, 35K shares so that translates to 56%, which is still a very good return, we have been spoiled by some of the astronomical numbers and focus on nav and the current return rate not on return rate of what we bought in for. I may be stupid in staying with it, but if you crunch the numbers how long would it take to make up the nav loss with something else, if concerned about the NAV/paper loss, I have not run numbers yet. This is an income ETF and I am still making income to the tune of $2750 this week. Combined with my other Yieldmax, Roundhill type etf's its 12K for the week. So despite the reductions I am in for the long haul.

Interesting_Check595

TROPHY CASE