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mgawell
New Member

We own 2 rental properties that we refinanced last year and put them in a buisiness name, I cant figure out where to enter the money that we took out of the properties?

 
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1 Reply

We own 2 rental properties that we refinanced last year and put them in a buisiness name, I cant figure out where to enter the money that we took out of the properties?

You d put it anywhere.  It is no income from the rentals, an asset associated with the rentals,  or an expense associated with the rentals.

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