Recent content by Explorer

Thank you for the feedback, everyone. You've raised some points/questions that I haven't thought of. Yes, the 12k rental income is net cash flow. I know that 35k/year may seem like very little to some people, but for years I've lived off 18k/year after taxes (not including major expenses...

Emergency funds: six months (it's the only money I have in a taxable account) Debt: 136k on a rental property with a 3.25% fixed rate mortgage (there are 8 years of regular payments remaining) Tax status/rate: single, 15% federal, 5.75% state Age: 42 Current assets: 137k in Fidelity government...