See IRS Publication 527, "Figuring the Basis" under "Basis of Property Changed to Rental Use" for more information:https://www.irs.gov/publications/p527#en_US_2023_publink1000... the loan on a property does not change its basis (the FMV or the amount originally paid for the property), although as previously stated, you may have deductible expenses related to obtaining the refinanced loan.Regards,Carter, EAPro Support"

@Linda Fang what package did you go with?

Reach out to me if you would like more information, and we'll see how much cash we can get back for you to offset your losses and expenditures (100% free to do the study, then they give you the amount of the savings and cost to get that money back, and you then determine if you want to move forward).There's also a FREE webinar discussing this tax strategy tomorrow, Wednesday May 15th, at 10 am PT / 1 pm EST that you may register for here (safe link): https://linda-b251e.gr8.com/Best of luck to you!

I am to a point where I am pretty confident in the overall development process and looking to do a small development in Linda Vista area of San Diego.

@Carter ManleyResults are instant! 

Thanks Linda Weygant have you personally done a cost seg on an SFR/STR before?

Linda 

@Linda WestThe 4week Tbills would mature every 4 weeks so you'd have to rebuy. 

Originally posted by @Alexis Carter:@Luke Carl - This is a great post!

Let me know when you are ready and we can keep an eye out.My rental is in south Redlands/Loma Linda area.