Sell Our Rental Property? A Case Study

Should We Sell Our Rental Property?
Case Study
Here are some takeaways:
They own two houses: a primary residence and a rental property with $125,000 equity and $310,000 value
They make $90,000 gross income per year and live month-to-month with $5,000 monthly expenses
They have $200,000 in retirement savings in a 401(k) and are 59 years old
They project to receive $4,650 in monthly Social Security income at full retirement age
They have $50,000 in credit card debt
The rental property breaks even when rented, but requires dipping into savings when vacant
The person may need to address spending habits that led to credit card debt. A financial planner could be helpful.
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