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45
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Mike O.
  • twin cities
37
Votes |
45
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Cash out refi tax question

Mike O.
  • twin cities
Posted

Earlier this year I did a cash out refinance on 2 townhomes(both did not have mortgages) and now I have a $500 and a $1000 a month payment. Both townhomes are rentals in my LLC. Are these payments write offs against the money I make on the properties?

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