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Reply to "Second home purchase - Where do I take the money from?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Why wouldn't you just use your cash accounts?[/quote] Yes, that sounds indeed like the obvious answer? Your house is paid off, retirement and medical guaranteed, you don't need a 300K emergency fund?[b] What are we missing[/b]? [/quote] The tax hit. [/quote] What's the tax hit to taking out cash?[/quote]
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