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To: dp0622

Talk to a good accountant. If you ran up a debt as part of a business venture, the interest may be tax deductible ... and you might be able to write the principal off as a capital loss, too.


21 posted on 04/26/2017 3:47:47 PM PDT by Alberta's Child
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To: Alberta's Child

Thank you very much.

Another stupid mistake I ALMOST learned the hard way.

Very much appreciated.


23 posted on 04/26/2017 4:18:38 PM PDT by dp0622 (IThe only thing an upper crust Conservative hates more than a liberal is a middle class conservative)
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