LLC Rehab Investment and Tax write off

[Henry Hamby]

I am rehabbing a log cabin which I inherited with cash I want to refinance and rehab another 3 bedroom home. Should I rent the property 

before refinancing> and what are the tax implications, business profit loss implications

[Matthew Banks]

BRRRR - buy, renovate, RENT, refinance, repeat. You generally want to refi after you lease it, because that will put you in a stronger financial position with the lender. It may not matter, in your specific case, but it can only help you look stronger financially, and may get you better financing as well.