As your personal CFO, I can increase your odds of success by using my DataDriven Process™ to help you make better financial decisions. Together we'll talk through decisions to maximize your liquidity, flexibility, and net worth.
Tax loss harvesting is the practice of selling securities in taxable accounts that show a loss. It offsets gains elsewhere in the portfolio and can shield up to $3,000 of income per year. We look for losses over the entire year, not just at year end.
The decision to pull money from an IRA or a taxable account matters. Rather than guess, or rotate between the two, we use math and tax law to guide our decisions.
We run the math to explain the implications of your financing and payment options for the below scenarios: