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Updated over 4 years ago,
Advice needed on combining LTV’s and new construction.
I have long term rentals and am now about to launch my new construction business. I would like to roll some of my profits from the new construction into buying more long term rentals. I’ve consulted with my tax accountant, tile company, a few other professionals and have been told that it is possible, but I’m not understanding how it works. Could someone explain the process? Thanks for your time.