USA Cash out from rental property

S

seattleguy

Joined
Jan 11, 2017
Messages
2
Reaction score
0
Country
United States
My client owns his house outright. Mortgage's paid off. He wants to buy a new house and move there and he wants to rent out his current house. But he also wants to take equity out of his current house so that interest paid on mortgage for rental property can be deducted from his rental income. How can this be done?
 
You must log in or register to reply here.

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads

USA promo giveaways following year under COGS small biz exception and cash method 0
Cash journal entries 2
Confusion about cash flows 3
Canada Cash from long-term investment 2
USA Cash in transit 1
USA Beginning Cash Balance for a nonprofit condo association. 2
Collect Stock Instead of Cash to Pay off Accounts Recievable 3
UK Cash to Accrual on Inventory 0

Members online

No members online now.
Total: 180 (members: 0, guests: 180)

Forum statistics

Threads
11,879
Messages
28,066
Members
23,092
Latest member
ErnestToday

Latest Threads

Top