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What is the name of your state (only U.S. law)? FL
Do I need an Attorney to do this or can I trust the myriad of websites that claim they will set one up for me?
Even though I'm in Florida, would I be better off forming the LLC in another state such as Nevada?
I already own one rental...
What is the name of your state (only U.S. law)? Florida
I wish to know if it is posible to form an LLC for the sole purpose of buying a condo which will be my primary residence? since the LLC will not be engaged in any money making activity (other than long term appreciation in property...
What is the name of your state? Florida
seniorjudge
Senior Member Join Date: Dec 2004
Posts: 7,750
Quote:
Originally Posted by jfwfla
What is the name of your state? Florida
I was wondering if I refi a condo I rent out in order to cash out equity, How will the IRS view the new loan...
What is the name of your state? Florida
I was wondering if I refi a condo I rent out in order to cash out equity, How will the IRS view the new loan?
In other words, I currently have a mortgage balance of about $46,000.00 and have been showing about $2,500.00 per year inerest deduction on my...
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