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Financial Planning / Tax Strategies


Subject:  Re: interest deduction Date:  11/6/1999  4:49 PM
Author:  mphipps Number:  20603 of 127753

But, go get a morgage and include the cost of marginable securities. Margin interest does go against the cost bases of the house. The thing to do is to quickly pay it back.
But if you did it to cover loan cost or as a down payment. Then I am afraid you might have benn better off sell the securities. You still might be.
But someone would have to show me in writing that I could not claim it as investment expense.
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