The Wednesday Wellness threads are meant to encourage users to ask for and provide advice and motivation to improve their lives. It isn't intended as a 'containment thread' and any content which could go here could instead be posted in its own thread. You could post:
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Requests for advice and / or encouragement. On basically any topic and for any scale of problem.
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Updates to let us know how you are doing. This provides valuable feedback on past advice / encouragement and will hopefully make people feel a little more motivated to follow through. If you want to be reminded to post your update, see the post titled 'update reminders', below.
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Advice. This can be in response to a request for advice or just something that you think could be generally useful for many people here.
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Encouragement. Probably best directed at specific users, but if you feel like just encouraging people in general I don't think anyone is going to object. I don't think I really need to say this, but just to be clear; encouragement should have a generally positive tone and not shame people (if people feel that shame might be an effective tool for motivating people, please discuss this so we can form a group consensus on how to use it rather than just trying it).
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Alternative: a Delaware Statutory Trust 1031 Exchange REIT deal-y
It's a loophole from the Patron State of tax loopholes, where through some fictitious trust system you can 1031 any amount of money into what amounts to a small REIT. You get partial ownership in one or more buildings, and you can shop around and fine one that does nothing but NNN leases to reputable corporations, or government buildings, or whatever you like. This has the advantage of being always available, so any time you sell your property you can park it there without tax consequences. I'm not super familiar with the process so don't quote me, depending on the business plan I am fairly certain that you can then re-1031 the proceeds into another property later on. So it allows you to play with your timelines a little bit.
Now, especially in today's environment, the yields are likely to be weak relative to other investments. And you do run the ever-present management risk with REITs. But you can select DSTs that have no leverage, which mitigates risk significantly. And your money is locked up, depending on the business plan of the trust, for some period of time in a low yield investment; though it sounds like you have the liquidity on hand to avoid that being a problem.
I've never used one personally, but I've looked into them in the past and keep up with them in case it does come up for me.
FUCKING OBVIOUSLY LOOK INTO IT MORE BEFORE YOU DECIDE TO PARK A LOT OF MONEY IN SOMETHING I VAGUELY SUGGESTED
Very cool option man. Exactly the sort of stuff I'm looking for.
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