Financing in 02139>Question Details

Satayan Maha…, Home Buyer in Arlington, MA

Do I have to pay taxes if I pull out equity on my rental property when I refinance it?

Asked by Satayan Mahajan, Arlington, MA Tue May 10, 2011

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I can refinance you on that deal. The only thing you have to worry about is taxes owed to uncle sam. If no taxes are owed you are ok. please call or email me to discuss a refinance. or 858-337-9744
0 votes Thank Flag Link Wed May 11, 2011
Most re-finance deals require new title work. If you owe back taxes, you can assume that amount will be held out of your proceeds.
0 votes Thank Flag Link Tue May 10, 2011
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