Cashout refi taxation and advice

[Daniel Ehevich]

Hi All,

1) Need some advice. Most of the cash out refinance lender require me to move the property from my LLC to my name for the refinance, is that a normal operating procedure or is it a taxation nightmare to move it back to the LLC after the Refi?

2) Another question I have is more of an advice. Since rates are very high now and likely will be lower in a year or even sooner, is there a way to not pay the refi fees twice? What is recommended in this case, take higher interest and try to lower closing costs? or pay points for lower rate but wait for longer to refi?