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A TP borrows fund and invests in both a taxable bond and a municipal bond. Which are considered part of his deductible investment interest expense?
A TP borrows fund and invests in both a taxable bond and a municipal bond. Which are considered part of his deductible investment interest expense? A. Attorney and accounting fees on municipal bond. B. Interest expense on municipal bond. C. Interest expense on taxable bond. D. Interest expense on municipal bond and interest expense on taxable bond. E. Safe deposit box rental fees on taxable bond.
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