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Updated over 3 years ago,

John Michael's profile image
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John Michael
  • Member since May 30, 2021
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John Michael
  • Member since May 30, 2021
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John Michael
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Tax, SDIRAs & Cost Segregation

cash out equity on my parents house

John Michael
Posted

Am i able to use the equity of my parents house if they do a cash out refi and deposit the funds into a joint checkings account with both our names on it? 

Will this incur any tax liabilities?

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