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To: RealMuLan who wrote (16873)	11/26/2004 8:44:35 PM
From: Tommaso	Read Replies (1) \| Respond to of 116555

No, that is not true. The loans on real estate must be through a loan that specifically backed by the real estate, not a credit card. And the investment loans must be tied directly to investments through a brokerage account, an insurance company, a bank's investment department--not just any credit card. It is not good to disseminate information that is contrary to the United States tax code. A person might get away with claiming a deduction, but if caught will be assessed taxes, penalities, interest, and possibly be subject to more serious prosecution. I cannot understand why you and others who are not paying taxes in the United States and do not know the U. S. tax code would wish to offer erroneous advice of this kind. In this case, you are not giving opinions about possible events in financial markets or politics, but fixed laws and regulations. I suggest that persons consult the IRS website, to which I gave a link, and abide by the law and regulations to be found there.