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Updated over 4 years ago on . Most recent reply

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Michael Fyvie
  • Member since Oct 26, 2020
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Michael Fyvie's profile image
Michael Fyvie's profile image
Michael Fyvie
  • Member since Oct 26, 2020
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Michael Fyvie
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9
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General Landlording & Rental Properties

Refinancing question for first time refinancing

Michael Fyvie
Posted

I am refinancing a two family rental property I’ve owned for some time. My first refi ever. My question is will I be taxed on the cash I am taking out of the equity? Any curveballs I should be expecting as far as taxes or hidden expenses? Any advice or insight would be greatly appreciated! 

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