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To: tdscpa; wardaddy
They borrow the money to buy the premiums. It's debt. A write-off.
40 posted on 04/16/2002 3:38:30 PM PDT by ValerieUSA
[ Post Reply | Private Reply | To 38 | View Replies ]


To: ValerieUSA
"Debt" is not deductible.
41 posted on 04/16/2002 6:32:30 PM PDT by tdscpa
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