Calculating Your Freedom Number

[Da Shiek Woodard]

When calculating your freedom number do you include the mortgage, taxes, and insurance on your rental(s), or do you exclude that since those expenses should be covered by the rents?

[Bjorn Ahlblad]

I take the rents minus expenses and allocate for vacancy, maintenance and capex. Yes deduct mortgage, taxes and insurance etc. Once you no longer have a job you can become full time REI. Best deal in town, speak to your CPA!