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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?

To: TraderGreg who wrote (3574)	12/14/1997 4:47:00 PM
From: Dick Jaffe	Respond to of 11708

Yes, if the home improvements increased the value of the mortgaged property so that the total mortgages did not exceed 100% of the property's value. No, with respect to funds spent for medical or education costs. Those may be deductible in their own right subject to certain limitations. Dick PS BTW, David may not want to reside in Florida. While it's true we have no income tax, we do have a nasty intangible property tax which would take an annual bite out of the value of David's CSMA shares, and there's not even a deduction for margin loans.