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  Msg # 59 of 1396 on ZZCA4365, Monday 7-14-24, 8:49  
  From: JK  
  To: ALL  
  Subj: why they are not tax deductible?  
 From: math2878@rogers.com 
  
 According to Canadian tax law, interest on money borrowed for investment 
 purposes is deductible for Canadian Income Tax purposes for as long as you 
 own the investment or a replacement investment. 
  
 Why interests on mortgage or my line of credit that I use to pay off my 
 house are not tax ductible? 
  
 Regards, 
  
  
 J.S. 
  
 --- SoupGate-Win32 v1.05 
  * Origin: you cannot sedate... all the things you hate (1:229/2) 

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