No. of Recommendations: 0
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.)

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