Tax, Legal Issues, Contracts, Self-Directed IRA

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Christian Flanders
  • Jersey City, NJ
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Tax implications for cash-out refi of an investment property

Christian Flanders
  • Jersey City, NJ
Posted Jan 19 2022, 05:15

Hello!

I am planning to do a cash out-refinance from my investment property to fund the down payment on a primary residence. Will the interest I pay on the refi be tax deductible since it is being used to purchase a primary residence? Thank you!

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