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| Just to add my 2 cents which is probably overvalued. I would buy the land if in line with recent sales. I would sell enough stocks for a large down payment, but would take a loan for a portion. My take is stocks are currently overvalued (land is too, but I think has a higher residual value). Don't know if I said that right. Also, capital gains are only due on the gain in value, not the total dollars received. I think rates are o% to ~50,000 single or 100,000 married; 15% to ~500,000 single or ~600,000 married; 20% above those levels. | |
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Buy the 160 close to home --sell stocks?
