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Updated 12 months ago on . Most recent reply

Yael Fuerst's profile image
Yael Fuerst's profile image
Yael Fuerst
  • from Hallandale, Florida
  • Member since May 8, 2016
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Yael Fuerst's profile image
Yael Fuerst's profile image
Yael Fuerst
  • from Hallandale, Florida
  • Member since May 8, 2016
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Yael Fuerst
  • Hallandale, FL
9
Votes |
45
Posts
General Real Estate Investing

Tax question on refinancing

Yael Fuerst
  • Hallandale, FL
Posted

I own a property mortgage free. My question is - if I wanted to take a loan out against that property to pay debt I owe in a different country and buy an investment property in a different country:

1. would I be taxed on it? 

2. What type of loan would you recommend if I have no credit history since I don't live in the US?

thanks!

Pittsburgh, Pennsylvania
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Yael Fuerst's profile image
Yael Fuerst's profile image
Yael Fuerst
  • from Hallandale, Florida
  • Member since May 8, 2016
Connect

User Stats

45
Posts
9
Votes
Yael Fuerst's profile image
Yael Fuerst's profile image
Yael Fuerst
  • from Hallandale, Florida
  • Member since May 8, 2016
Connect
Yael Fuerst
  • Hallandale, FL
9
Votes |
45
Posts
Yael Fuerst
  • Hallandale, FL
Replied

@Steve Vaughan Thank you! will check out DSCR

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