Ok I just went out to my truck and saw the yellow sticker so it said "The combined weight of occupants and cargo should never exceed 1421 lbs). That being said would my below calculation be accurate then?
Since the maximum weight of cargo for my truck shouldn't exceed 1421 lbs then if a trailer weighs 5,000 lbs loaded would that mean 10-15% of that weight would be on the tongue I’ll say 15 which would equal 750lbs. Then if I had three adults with combined weights of 500 lbs that would be 1,421 – 750 – 500 = 171 lbs left over for storage and other items.
That being said it sounds like I would still be able to tow a 5,000 lb loaded trailer at the maximum but should probably looks at loaded trailers in the 4,000 - 5,000 lb range. Does that sound right?