BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated 6 months ago, 06/27/2024
Taxes and Refinancing with BRRR
2 questions about BRRR. When you use the BRRR method, since you are not doing upgrades but rather repairs, you can either deduct or depreciate all the work you do or hire out right?
Second question. After you Rent and are ready to refinance, how do you work it so it doesn't go against your 10 maximum personal loans you are allowed to have? Obviously you can't DSCR it so what do you do?