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

To: russet who wrote (2910)4/22/1999 1:12:00 AM
From: Fred C. Dobbs  Read Replies (1) | Respond to of 4467
 
Just a rookie learning to play the market which is hard enough.
Income tax? Yikes, Don't a have friggen clue.

Was wondering if you guys could help?

Average Joe, wife and kids. Capital gains for 98 and a few bonehead loses already in 99. Other write-offs? Brokerage fees?

Sorry if this a stupid question, but I'm just an idiot at heart.

TIA



To: russet who wrote (2910)4/22/1999 1:28:00 AM
From: Gulo  Read Replies (1) | Respond to of 4467
 
AAH-HA! I think I see the confusion.

You were referring to interest on a mortgage taken out to supply money for investment purposes.

I was referring to the deductions from income that can be taken by any home-based business. This would include a portion of rent and/or mortgage, utilities, etc.

I will still seek confirmation from my tax accountant.


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