Is the cash taxable that I receive in a cash back refinance of a rental home I own?

I am refinancing a rental home I own and taking cash out. Is that cash taxable?

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Is the cash taxable that I receive in a cash back refinance of a rental home I own?

The cash back you receive from a refinance is not taxable income.

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Is the cash taxable that I receive in a cash back refinance of a rental home I own?

The cash back you receive from a refinance is not taxable income.

Is the cash taxable that I receive in a cash back refinance of a rental home I own?

No. It's not taxable.

However, if you did not use the cash out money to improve the rental property that secures the loan, you can not claim or deduct the interest on it.

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