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Exercise 7-2 Subject: Interest DeductibilityDirect Use You personally own investments valued at $200,000. You also own a home with a mortgage remaining of $200,000. Using
Exercise 7-2 Subject: Interest DeductibilityDirect Use You personally own investments valued at $200,000. You also own a home with a mortgage remaining of $200,000. Using the direct-use approach concept, describe what you could do to make your mortgage interest deductible under ITA 20(1)(c).
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