need Step-by step advice paying off parents mortgage w/ HELOC

[Jayson Damian]

Hi guys im trying to payoff my moms house with a heloc from my primary residence. How do i go about doing this. Is there going to be tax implications and whats the best strategy. Tax wise and investing wise Thanks

should I tell my mo to transfer my name on her mortgage? not sure how this works.

I plan to pay of her remainding loan with a heloc on my primary house. I will then collect rent from her to accelerate the paydown of the loan. How do i transfer the title of the house to my name. Should i even do that before i pay it off or after. Just want to make sure the IRS doesnt bite me in the end. Pls help. Thank you guys!

I am in california

[Account Closed]

http://www.mtgprofessor.com/A%20-%20Early%20Payoff...

Seems like a scheme that makes you think a paid off property is a good thing.