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75
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19
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Prashant Sheth
  • Rental Property Investor
19
Votes |
75
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Refinance in LLC to a different partner

Prashant Sheth
  • Rental Property Investor
Posted

I have a partner in an LLC that owns my property. The mortgage note is in my name

What are the implications of refinancing the property in the partners name? Is that same as sale? What are the tax implications? And how does this show in the LLC/personal tax? Thanks for your response In advance

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