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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: Joe Copia who wrote (4254)12/9/1997 10:57:00 PM
From: toothdock  Read Replies (2) of 120523
 
Joe-Margin interest is still personal interest

And therefore, it cannot be deducted as can business interest or mortgage interest payments.

However, if you can qualify as a trader, then it would be a business expense, but you are then saddled with self employment taxes, etc.

trade with #profits

toothdock
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