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Registered
Join Date: Jun 2007
Location: Lake Oswego, OR
Posts: 6,305
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I would do this:
Pull cash from your home with a refi. Say you house is worth 1mm? You can pul up to 700k +\- out.
Use this to buy said rental.
You can deduct interest up to 10,000 I think currently.
I move cash in and out of assets however it is most beneficial to me, my investment strategy, and my tax strategy.
Good luck.
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