How do I remove the rear wheel and hub.
Vince... you need a rear hub puller. It threads onto the hub where the cap threads on and has a center bolt for pulling the assembly off the axle. Here is a link to a parts vendor that sells them.
Also be aware that your vehicle may have safety hubs installed and requires the retaining bolt removed.
Alan, please explain or better yet- show pictures. Where is "retaining bolt" if they must be removed? None of my cars have them.
You might like to read this thread. It offers another way to remove rear wheels. I can say, this method works as I just did both rear wheels on my TT truck, Wednesday evening.