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All Forum Posts by: Stephen Menke

Stephen Menke has started 2 posts and replied 12 times.

Tax, SDIRAs & Cost Segregation

Post: How to refinance into an IRA

Stephen MenkePosted
  • Accountant
  • Jacksonville, FL
  • Posts 12
  • Votes 3
I have an owner occupied townhome in my name that has about 40% equity in it. I am planning on moving out and adding it to my rental portfolio. However, I need that cash I have in the house. One solution that comes to mind is to refinance into an IRA. Is it possible to do this? TL:DR I need to pull out a significant portion of the equity I have in a property. Can I refinance it with IRA funds, thus pulling my unregulated cash out of the property?
0 Votes
Classifieds

Post: Wednesday is QUAD DAY in Jacksonville

Stephen MenkePosted
  • Accountant
  • Jacksonville, FL
  • Posts 12
  • Votes 3

Lesley - I am highly interested in the Quad in San Marco. I am represented by Brad Armagost of ERA but I do my own research.

Could you give me the the address and other relative information so I can run the numbers? Also, this area did suffer some flooding from Irma. Do you know how it weathered the storm?

Stephen Menke

0 Votes