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Equity taken out of home via refinancing. Is this taxable

moonpetty58
Level 3
 
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IRonMaN
Level 15

Nope


Slava Ukraini!

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3 Comments 3
IRonMaN
Level 15

Nope


Slava Ukraini!
sjrcpa
Level 15

But the interest attributable to the cash taken out is probably not deductible.

The more I know, the more I don't know.
TaxGuyBill
Level 15