BRRR cashout questions (tax related)

[John Kwon]

So interest rates are tanking so I was about to refinance and take cashout from some properties.

But, speaking with my accountant, I found out that interest on the refi will not be tax deductible because I am not planning to improve the property.

So this mean that BRRRR method is no longer a good method at least from tax deduction point?

Thought?