Comments on: Refinancing Rental Property In Today`s Market http://www.american-apartment-owners-association.org/blog/2008/09/04/refinancing-rental-property-in-todays-market/ Just another WordPress weblog Tue, 09 Mar 2010 14:44:43 -0800 http://wordpress.org/?v=2.8 hourly 1 By: Chris OLeary http://www.american-apartment-owners-association.org/blog/2008/09/04/refinancing-rental-property-in-todays-market/comment-page-1/#comment-9863 Chris OLeary Fri, 05 Dec 2008 02:12:13 +0000 http://www.american-apartment-owners-association.org/blog/2008/09/04/refinancing-rental-property-in-todays-market/#comment-9863 I don't think Ilyce R. Glink fully answered the question. I think most of the answer focused on how difficult it would be to refinance. The question I think the writer really was looking for an answer to is "what are the tax implications?" I know everyone's situation is different but the question is whether taking equity out of a rental property is a taxable event. The IRS certainly doesn't want investors taking cash out during a 1031 exchange but are we allowed to get cash out of a rental property through a refinance? I don’t think Ilyce R. Glink fully answered the question. I think most of the answer focused on how difficult it would be to refinance.

The question I think the writer really was looking for an answer to is “what are the tax implications?” I know everyone’s situation is different but the question is whether taking equity out of a rental property is a taxable event. The IRS certainly doesn’t want investors taking cash out during a 1031 exchange but are we allowed to get cash out of a rental property through a refinance?

]]> By: AAOA - American Apartment Owners Association » Key Proposals to Revive Real Estate http://www.american-apartment-owners-association.org/blog/2008/09/04/refinancing-rental-property-in-todays-market/comment-page-1/#comment-9427 AAOA - American Apartment Owners Association » Key Proposals to Revive Real Estate Thu, 20 Nov 2008 21:57:23 +0000 http://www.american-apartment-owners-association.org/blog/2008/09/04/refinancing-rental-property-in-todays-market/#comment-9427 [...] 2008 Ilyce R. Glink  See Ilyce Glink’s feature, Refinancing Rental Property In Today’s Market.   See other articles on Real Estate Financing.   American Apartment Owners Association [...] [...] 2008 Ilyce R. Glink  See Ilyce Glink’s feature, Refinancing Rental Property In Today’s Market.   See other articles on Real Estate Financing.   American Apartment Owners Association [...]

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