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Originally Posted by sixpacked
In essence yes. Make sure there is a direct link from the LOC withdrawal and the investment purchase(receipts, etc.). Interest expense calculations will need to be made on that portion of the LOC you invested.
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So, for example, if I pull 1k off my LOC, transferred it to my investment account, and purchased a stock for the same amount, can I use the LOC account history and stock purchase price as 'proof' that I borrowed to invest? Or is it a more formalized process?