Thanks so much for the advice. That queasy feeling in my gut has more to do with IRS fear than the lousy Tex-Mex I had for lunch. For the most part, your answers made me more comfortable with my plans: declare the interest on both the investment and the loan (pretty much a no brainer). As for the attorney, the parties aren't married, so I don't know how that plays out. On your advice, I am taking this up with my lawyer. Thanks!
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