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Tax, SDIRAs & Cost Segregation

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Frank Wells
  • Van Nuys, CA
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Tax implications of cash out refi to buy investment property

Frank Wells
  • Van Nuys, CA
Posted Mar 20 2017, 14:21

Thank you in advance for taking the time to read and/or answer my question.  I appreciate your time.  I'm, not sure how to pose this question either but here goes...

I recently used a cash-out refi to purchase a SFR rental property for 100% cash but I am now wondering if it would have wiser to buy it using a traditional mortgage from a tax perspective. Will I file a Schedule E for this property and get benefits like depreciation?

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