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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Land Shark who wrote (988837)	12/18/2016 9:00:10 PM
From: J_F_Shepard	Read Replies (1) \| Respond to of 1569445

All true and they never closed that loophole until about 4 years after he did it......

To: Land Shark who wrote (988837)	12/18/2016 11:18:39 PM
From: i-node	4 Recommendations Recommended By FJB jlallen TideGlider TimF Read Replies (1) \| Respond to of 1569445

You don't know what you are talking about. Some could be borrowed. But if he didn't pay the loans back, he would not be able to claim the deduction. And, he would have income from cancellation of debt. If he did, then he is entitled to the deduction. As I said, you are clueless.