The brokerage account is at Vanguard. I don't want to move it for a short term $50k loan. I'd rather sell and use up my tax losses. I think I'm leaning towards the loan. I'll check to see if I can take it on the Roth portion of the account.Somebody already mentioned it: If 50k are only a small part of your taxable brokerage account, then depending on your brokerage margin might be the best option.
Example: IBKR you would pay currently 6.83% on margin, vanguard would take less palatable 12.75%.
Fidelity confirmed the interest payments go into pre-tax so I'm trying to understand if I'm getting double taxed on that. It's fairly small in the grand scheme of things though.
Statistics: Posted by PowderDay9 — Fri Sep 13, 2024 6:20 pm — Replies 21 — Views 733