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Rental Income in FIREcalc
Old 02-10-2012, 10:50 AM   #1
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Rental Income in FIREcalc

Is there a trick to entering rental income and then removing it after 20 years? Maybe use the Pension section for th eincome, but then it doesn't allow for an end date.

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Old 02-10-2012, 11:04 AM   #2
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I don't know if it will work, but I entered a positive "pension" (ie, rental income) starting in 2015 and a second equivalent negative pension "starting" in 2017 and FIRECALC seems to have accepted the entry. Don't know if that will handle your interim rental income or not, but something to try. You can also enter a lump sum to sell your rental income property and what year in Portfolio Changes - as you probably already know. Good luck...

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Old 02-10-2012, 11:27 AM   #3
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Thanks Midpack. I actually tried the negative pension and I didn't see it take. Maybe I missed something and will try again.
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Old 02-10-2012, 12:38 PM   #4
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You should be able to enter the rental income as a pension, then enter an offsetting "off chart spending amount" beginning in 20 years to cancel it out.
Numbers is hard.

Retired in 2005 at age 58, no pension

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