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Updated about 2 years ago on . Most recent reply

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191
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21
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Chris Kendrick
21
Votes |
191
Posts

Brrrr extra profit

Chris Kendrick
Posted

When doing a brrrr method and when you go and do a cash out Refinance , and once you pay off on what you borrowed from wherever,  if you had an extra $5k after all set and down, so is that 5k have to be put back into another property or you get capital gain tax on it or could u keep it in bank account, i guess you could leave it in the house you cash refi out 

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