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Aurthur..i spoke to my CPA and she was saying mortage
HI Aurthur..i spoke to my CPA and she was saying mortage interest on a cashout loan on the primary home to payoff the rental properties cannot be declared as tax deductible ...so am in a dilemma, your… read more
Arthur Rubin
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I am planning to take a cashout home loan of $300K on an
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Home equity loan taken out on an INVESTMENT rental. Im using
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Looking at buying property for rental income. I know that
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My daughter's tax preparer insists on treating the interest
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I am filing my 2017 taxes. I had gotten a HELOC on my rental
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I have Mortgage that was once our primary residence 4 years
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We have purchased a new property to live in at a cost of 780K. We
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re possibly relocating from Chicago area to Southern California.
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I own 3 houses. My primary home has mortgages $1.1 M, which
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I took out a home equity loan on my primary residence in Texas,
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In 2009, I owned 2 homes in California, one as my primary residence
In 2009, I owned 2 homes in California, one as my primary residence and the 2nd as a rental, 500 miles apart.I lost my job and gave up my primary residence to foreclosure/new job.Yet, the mortgage fro… read more
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If I refinance and take cashout of rental property and use ...
If I refinance and take cashout of rental property and use it to pay off my primary home, is the new increased interest on the rental tax deductible just like the original interest? Are the expenses o… read more
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Is there any benifit to pay interest on a home equity ...
Is there any benifit to pay interest on a home equity loan, when yoy can easily pay off the blance? The benefit in question would be the income tax deduction for the interest paid.… read more
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