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To: ElGator who wrote (11872)4/13/1998 9:44:00 PM
From: kennbill  Respond to of 27968
 
El Gator...

Margin Interest...

Instructions for Form 4952 provide that investment interest is deductible on loans on Property Held for Investment. This is defined .. "includes property that produces income (interest, dividends...) and from gains the disposition of property that produces that type of income..."

If you have other info, please advise, (or at least don't tell the IRS my opinion!!) <GGG>