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To: Jonty30

$400K raised. House price was 177K. Likely bought it outright. And a good chunk of change for renovation and living expenses.


4 posted on 01/05/2024 12:49:41 AM PST by Justa (If where you came from is so great then why aren't Floridians moving there?)
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To: Justa

If he raised $400,000, he’s going to be fine. Even if he just left that money in the bank and used it to offset his living costs, it will outlast him.

At least until he’s required to own nothing and be happy.


6 posted on 01/05/2024 12:53:18 AM PST by Jonty30 (In a nuclear holocaust, there is always a point in time where the meat is cooked to perfection. )
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To: Justa

How is this taxed by IRS? Does fedgov get their cut before distribution?


7 posted on 01/05/2024 12:54:38 AM PST by antceecee
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To: Justa
$400K raised. House price was 177K. Likely bought it outright. And a good chunk of change for renovation and living expenses.

Yeah, this is a responsible man ... making good choices. He'll keep that home. Good for him.

29 posted on 01/05/2024 4:37:54 AM PST by GOPJ (There'sNO diversity at Harvard beyond kink/pigmentation. Which might matter if it was a whorehouse.)
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