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Tracing Rules for Interest

Posted by Kevin S. Matthews Posted on Jan 12 2020

Did you borrow money and use it for a purpose and you’re not sure about the tax consequences of paying the interest? Did you use your home equity to fund seed money for a new business idea? Did you use your home equity loan to purchase an investment property? Did you use a home loan in order to buy a rental property?

In this video we talk about interest tracing and how to maximize your text Dash things on the loans that you have taken for a variety of purposes in your life.