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Money and Finances
Reply to "Explain to me why it's stupid to take $$ from a 401K for a down payment"
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[quote=Anonymous]Both, but the severity of each depends on your circumstances. How old are you? Is it financially favorable to buy now instead of continue to save cash? Run some numbers OP. We did it. The only thing we weren't accounting for is that the extra "income" bumped us into AMT territory, so check that too.[/quote]
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