conversation: User (morelikefaramir): "I have approx. $80k of inheritance in a 529 account which I understand is set up to be used towards college tuition. I already went to college and have no future plans to use that money towards more schooling. What I'd like to do is invest in real estate property  that I can eventually flip. Using this money as a starting point, I'd like some input on what my best options would be for using it in the smartest way possible and how far $80k can realistically get me. I'm 24 and make about 35k-40k at my current job."
  Self: "You would need to look up exact rules for 529s...  Most likely, unfortunately, you won't have all 80k to invest... as you'll be paying penalty and (I think) tax on gains.. "
  