What's The Best Way To Be Foolish?
I'm looking at buying a bigger personal residence and keeping my present as a rental. I'll have equity in both propertys and need to pull some for Christmas expenses.What's the best way to pull money for depreciating assets in regards to Tax Credit and a short time allowance. 
Home equity line of credit. HELOC
HELOCs are good because they are free to set up (don't go with a broker. shop around at your local banks and credit unions) and you only pay intrest on what you borrow. if you cash out (refinance) you usually pay higher closing costs and you have to pay intrest on the loan whether or not you use it. HELOC is the way to go.
Josh
[addsig]