Tax free retirement income strategy

[Michael Perreira]

Hello,  just wanted to throw a strategy out there for tax free retirement income.  Refi ladder: for purpose of this posts we'll say we finish with 30 properties, all with 15 years of equity and payments on a 30yr note.   Does it make sense to cash out refi 1-2 properties a year to replace or take home income from our w2?  When I look at what I earn vs what we keep its drastically different,  and since I don't know what the tax rate will be in 30 years (I'm 40 yes old) or what state we'll be in,  I want a strategy to replace take home pay.  Cash out refi are free from income tax correct?