
Caller (homeowner with multiple debts)
Listener and homeowner seeking advice about large unsecured debt, IRS liabilities, and whether to sell their house; describes household debt, lost income due to a laid-off spouse, and no emergency fund.
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Oct 27, 2025 • 10min
Sell Our House To Pay Off Our $1,000,000 Of Debt?
 A homeowner grapples with over $1 million in debt, including student loans and IRS liabilities. After losing income due to a layoff, they seek advice on whether to sell their house. The guest discusses the importance of proper tax withholding and managing debts, especially high-cost car loans. Dave emphasizes the need for professional tax help and suggests selling luxury vehicles to regain financial health. The conversation is packed with practical tips to help the couple get back on their feet and rebuild their finances. 


