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Old 10-25-2017, 03:32 PM   #3232
OMG!WTF!
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Quote:
Originally Posted by snootchiebootchies View Post
But if you have lots of equity in your home, you can borrow money through a HELOC to invest in the stock market with the advantage of writing off the interest payments on your tax returns. You are limited in the types of equities you are permitted to invest in, however, using this strategy.
Yes. Similarly you can write off margin account costs too.
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