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Updated 6 months ago,

User Stats

9
Posts
0
Votes
Tyler Brady
  • Real Estate Agent
  • Salt Lake City, UT
0
Votes |
9
Posts

Can I get a HELOC on a subject 2 property I bought?

Tyler Brady
  • Real Estate Agent
  • Salt Lake City, UT
Posted

Looking for ways to keep this property in my portfolio as a long term rental. I asked my accountant if I can deduct anything in the property like depreciation and he said since nothing is in my name tax wise I can't. (Need to double check that) but has anyone been able to take a HELOC out on a subto property they own? Any other advice on this would be helpful too!

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