Are there any tax implications?

Its value is substantial and am using those funds to purchase 100% initially and use the BRRRR method to possibly refinance with non recourse loan (pre approved). my concern is the possible tax implications and filings.

So, I'm starting to hear more about this 'Social Score' being implemented by China come 2020.

As much as I appreciate Grant for his social media channels, it is getting harder and harder to find some real information on the company and how they operate.

You don’t have any tax implications. 

I'll give a fuller answer later but for now here are the tax implications:(1) You are not losing out tax-wise on the principle from taking out a 401k loan. 

My social circle is filled with very successful people...a congressional chief of staff, a dod policy advisor, a partner at a major DC lawfirm, the head of social media for Fannie Mae. 

If you enter into a part ownership on a multifamily, make sure you understand the tax implications.

- If yes, then what happens if i live in the next property for over two years (i.e. will there be any tax implications from the first house)? 

I'm sorry I didn't respond at the time, I need to work on my forum/social media/communication rate for sure.