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Gold/Mining/Energy : Day trading in Canada -- Ignore unavailable to you. Want to Upgrade?

To: Gulo who wrote (2908)	4/22/1999 12:25:00 AM
From: russet	Read Replies (2) \| Respond to of 4467

The key is to properly document that the mortgage money went to an investment such as the stock market. It is very important to have a paper trail,....money from mortgage of house going into an account that went to the stock market. If the paper trail is not clear,..you will have trouble claiming the mortgage interest as a necessary expense towards investing in the stock market. I can tell you that I have been forced to give the tax people proof of the direct paper trail several times in the past ten years. Expect an audit and plan accordingly. russett