answersLogoWhite

0

You should consult a tax professional or attorney for tax advice, not the internet.

However, the answer is probably "yes, you do have to pay the capital gains tax" even though I'm not 100% clear what "put all of the money into the refinance" means.

User Avatar

Wiki User

13y ago

What else can I help you with?

Continue Learning about Finance

How can I refinance my mobile home with land?

To refinance your mobile home with land, you can start by contacting lenders who specialize in mobile home loans. Provide them with information about your property, income, and credit history. Compare loan offers and choose the one that best fits your needs. Complete the application process and follow the lender's instructions to finalize the refinance.


How can I refinance my mobile home and land together?

To refinance your mobile home and land together, you can apply for a loan specifically designed for this purpose. Contact lenders who offer mobile home and land financing, gather necessary documents such as proof of ownership and income, and submit an application. If approved, the new loan will pay off your existing mortgage, allowing you to consolidate your debt and potentially secure better terms.


Can you refinance a land loan?

Yes, you can refinance a land loan by obtaining a new loan with better terms to replace the existing one.


How can I refinance a mobile home with land?

To refinance a mobile home with land, you can start by contacting lenders who specialize in mobile home loans. Provide them with information about your property, income, and credit history. They will assess your eligibility and offer you refinancing options with new terms and interest rates. Be prepared to provide documentation such as proof of ownership, income verification, and property appraisal.


Can you subdivide land if you owe money on it?

Since the property has money owed on it the property cannot be divided without the lenders ok. It may be possible to refinance and divide with the help of an attorney.

Related Questions

Do you do land refinance for land in Florida I currently live in WM.?

No, but you can check out Land Home Funding�?? in Spring Hill.


How can I refinance my mobile home with land?

To refinance your mobile home with land, you can start by contacting lenders who specialize in mobile home loans. Provide them with information about your property, income, and credit history. Compare loan offers and choose the one that best fits your needs. Complete the application process and follow the lender's instructions to finalize the refinance.


How did the middle age lords make money?

from taxes and renting their land


Do quitclaim deeds free you from taxes on the property you have relinquished?

No. You still owe the money and the creditor can go after you for payment. In addition, whoever you transferred the land to will come after you if they paid you any money for the land because the land can be taken from them by the town for delinquent taxes.


Can you refinance a land loan?

Yes, you can refinance a land loan by obtaining a new loan with better terms to replace the existing one.


How can I refinance my mobile home and land together?

To refinance your mobile home and land together, you can apply for a loan specifically designed for this purpose. Contact lenders who offer mobile home and land financing, gather necessary documents such as proof of ownership and income, and submit an application. If approved, the new loan will pay off your existing mortgage, allowing you to consolidate your debt and potentially secure better terms.


How can I refinance a mobile home with land?

To refinance a mobile home with land, you can start by contacting lenders who specialize in mobile home loans. Provide them with information about your property, income, and credit history. They will assess your eligibility and offer you refinancing options with new terms and interest rates. Be prepared to provide documentation such as proof of ownership, income verification, and property appraisal.


Can you subdivide land if you owe money on it?

Since the property has money owed on it the property cannot be divided without the lenders ok. It may be possible to refinance and divide with the help of an attorney.


When congress inability forced it to establish a system for selling land for money what did it impose to?

Taxes


Why did craftsmen and merchants not own land in the middle ages?

land in the middleages cost money because you had to pay taxes for land. merchants and craftsmen were on the outside of the fudal system and made there own money so they did need land


Do you have to pay the land taxes if you own your mobile home in a mobile home park?

Yes, you do, but they are usually quite small.


How greed for land and money led to decline of mughal empire?

The greed for land and money led to decline of Mughal Empire since more taxes were levied on peasant farmers such as the zazia tax on hindus.