Thanks, Kristen.

Thank you.  

Thanks James, helpful! 

Thanks everyone for your input!

Thank you,Dave

Caleb,Thank you for your advice!

Thank you so much guys, for your input.

Hi Paul, thanks for reaching out.

@Stetson Oates, Thanks, and you are right, market conditions would limit how much of the initial funds one would be able to withdraw.I should also add that, while I am not an accountant or tax professional, it appears that at no time in the strategy above would one trigger a taxable event, since you're not selling any stocks or property. 

Thanks Marc, appreciate the response.