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larrylan1950
New Member
posted Jan 27, 2021 10:56:36 AM
Can I Re Mortgage my property for $100,000 then buy $100,000 in Stocks and then claim the interest on this loan?
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1 Replies
TurboTaxSusan
Moderator
Jan 16, 2023 4:45:29 PM
Yes, if you borrow money to invest, you can claim the interest as an investment expense.
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