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Tax, SDIRAs & Cost Segregation

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Rizalene Acosta
  • Real Estate Agent
  • Walnut Creek, CA
14
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25
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Sole Proprietorship and Divorce

Rizalene Acosta
  • Real Estate Agent
  • Walnut Creek, CA
Posted Oct 18 2017, 13:57

My divorce is not yet finalized and I will be acquiring unsecured lines of credit into my sole prop for real estate purchases.

My concern is that I have to refi my current home into my own name removing my ex husband and I was wondering if the credit through my sole prop will impact my debt ratio when reapplying for this new loan under my own name.  I feel like I'm getting conflicting information between my attorney and lenders. TIA! Any info would be appreciated.

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