So, I'm looking at about $140k of capital gains tax owed this year thanks to gamestonk back in January. I decided to risk it and not do the estimated quarterly taxes, and pay the 4% or so fine when I file my taxes next year.
But my main question is, my Mortgage lender (Freedom Mortgage)has been getting hella annoying with Refi offers. I already refi'd from 4.125% to 2.875% back in August of last year, but they're still calling and mailing me quite often telling me to refi again, even tho I tell em to stop. I'm just tired of dealing with them.
I have about $199k left on my mortgage (started at $220k) $650k in my brokerage account. I am planning sell some of my mutual funds for about a $50k loss, which would offset my taxable income for the year, and use that to pay off my house. I know "it'll make more in the market" but FM has been pissing me off lately.
So, am I bonkers for this? should I just put up with FM some more? is there something else I can do to offset my taxable income for this year?
Sorry for all the words, just lookin for some help, thanks!
Submitted June 03, 2021 at 02:41AM by Smashing_Pickles https://ift.tt/3uQkEFc
