Creative Real Estate Financing

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David Bennett
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Cash out refi tax question

David Bennett
Posted Nov 24 2022, 16:30

Hi All -

Apologies if this has been discussed 10,000 times before, I searched the forums and struggled to find an answer to my exact questions. I plan on speaking to an accountant closer to tax time, but figured I’d start with some of the knowledgeable folks here.

My questions:

- Is the interest on a cash-out refi on a rental tax deductible?

- Is interest from any refinance on a rental tax deductible?

Thanks so much!

David

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