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The 600K cash from a cashout refi was used to pay off a high rate loan of an investment property, can the interests of that 600K being deducted from the rental income?
I did a cashout refi of our primary house, and took out 600K cash to pay off a high rate loan for an investment property . Can the interests paid for that 600K being deducted from the rental income of that investment property?
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‎June 4, 2019
2:41 PM