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Updated over 3 years ago on . Most recent reply

Bassel Haddad's profile image
Bassel Haddad's profile image
Bassel Haddad
  • from Whitehall, Pennsylvania
  • Member since Apr 20, 2018
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Bassel Haddad's profile image
Bassel Haddad's profile image
Bassel Haddad
  • from Whitehall, Pennsylvania
  • Member since Apr 20, 2018
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Bassel Haddad
  • Whitehall, PA
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General Landlording & Rental Properties

Using cash-out refinance or equity loan to buy another property

Bassel Haddad
  • Whitehall, PA
Posted

Hi, I have a lot of equity on one rental property, if I do a cash-out refinance or get an equity loan and use the cash to pay off the mortgage of another investment property or buy a new investment property, would I be able to deduct the entire mortgage interest of the loan? 

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