Tag Archive for: tax implications refinance

Tax Implications From Refinancing; Cash Out ≠ Income

Borrowers are often far too worried about tax implications from refinancing – b/c they are usually negligible.  APPRAISALS & PROPERTY TAXES No matter how high someone’s appraisal comes in (over the original purchase price), it will not affect their property taxes. This is b/c appraisals performed for purposes of obtaining financing are for lenders only […]Read More