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From: E T
HI ALL
CAN SOMEONE PLEASE ADVISE WHAT WOULD BE
THE WAY TO GO ABOUT TURNING YOUR OWN HOME
INTO AN I/P IF WE WERE TO BUY ANOTHER HOUSE .WE HAVE 60% EQUITY AND ARE LOOKING AT A PROPERTY SLIGHTLY HIGHER IN VALUE THAN OURS.OBVIUOSLY FOR TAX CONSIDERATIONS YOU NEED TO HAVE THE MOST DEBT POSSIBLE AGAINST
YOUR I/P-WHAT STRUCTURE COULD YOU USE TO
KEEP THE TAX OFFICE SATISFIED?
THANKS
ET
HI ALL
CAN SOMEONE PLEASE ADVISE WHAT WOULD BE
THE WAY TO GO ABOUT TURNING YOUR OWN HOME
INTO AN I/P IF WE WERE TO BUY ANOTHER HOUSE .WE HAVE 60% EQUITY AND ARE LOOKING AT A PROPERTY SLIGHTLY HIGHER IN VALUE THAN OURS.OBVIUOSLY FOR TAX CONSIDERATIONS YOU NEED TO HAVE THE MOST DEBT POSSIBLE AGAINST
YOUR I/P-WHAT STRUCTURE COULD YOU USE TO
KEEP THE TAX OFFICE SATISFIED?
THANKS
ET
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