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Updated over 5 years ago on .

User Stats

18
Posts
3
Votes
Branden Van Matre
  • Rental Property Investor
  • Salem, IL
3
Votes |
18
Posts

How do I cash out refi a trailer park in LLC?

Branden Van Matre
  • Rental Property Investor
  • Salem, IL
Posted

got a trail park owned in LLC. Wanting to tap part of a bunch of forced equity. Bank is willing. How can a person do that tax free and keep get the money vs putting the money in LLC? Is it possible or legal to pocket it? I know many mention it like Brandon T and Morris's. Meeting with cpa later this week but wanted to hear someone's experience before i ask her.