So I just sold a vacation / short term rental, purchased in 2019 for $370k, just sold for $670. I don’t how much tax I’m going to owe, but it’s out of state so figuring two state tax bills and federal…. $80-100kish? But that tax bill wont be due until April 2027. Rather than just letting it sit I would like to take advantage of interest/ growth.
Want to avoid wall street bets, but better than HYSA, MMA, CD? I’m leaning towards index fund. I figure some people here have some good ideas and pitfalls to avoid… Thanks in advance