Level 15
02-22-2024
10:23 AM
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What other situations would interest be a deduction?
The one I see from time to time, is if you can trace the money back to being used for a rental property purchase/improvements, it could be deductible as interest on the rental property even if the loan is secured by the principal residence
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪