Which of the following is deductible as interest on Schedule A? a. Loan fees that are not
Question:
Which of the following is deductible as interest on Schedule A?
a. Loan fees that are not “points”
b. Fees for having a new home inspected prior to purchase
c. Interest on a loan for a 90-foot yacht with a kitchen, 3 baths and 5 bedrooms
d. Interest on loans to finance tax-exempt bonds
e. None of the above are deductible as interest
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Related Book For
Income Tax Fundamentals 2017
ISBN: 9781305872738
35th Edition
Authors: Gerald E. Whittenburg, Steven Gill, Martha Altus Buller
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