
| 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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