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Financial Planning / Social Security Reform

URL:  http://boards.fool.com/first-i-sold-a-home-in-florida-took-back-a-28399824.aspx

Subject:  Re: Dead topic Date:  3/26/2010  11:36 PM
Author:  Donna405 Number:  5245 of 5267

First, I sold a home in Florida, took back a mortgage. The home was a rental home. Now, I have capital gains, as well as recaptured depreciation, as well as interest income. Secondly, I have capital gains in the forms of dividends as well as sales of stock.

I am far from wealthy, being retired and on SS, as well as the income from the mortgage. I would venture to say that I am lower-middle to middle-middle class. I am a frugal, but not cheap, person, and have and am saving money for a new car. (Always pay cash for cars.)

Donna
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