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Reply to "Is it a good idea to keep the cash after selling a house?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Ask an accountant. There could be tax penalties for not reinvesting in your new home.[/quote] Not for selling your personal residence and buying another personal residence. OP, how much do you have in liquid emergency savings and how much in retirement?[/quote] We have a 6 months emergency fund and my husband's retirement contributions are maxed out. I don't have a retirement because I work off and on.[/quote]
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