chomps, that is correct.
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Looking for MORE tax deductions?
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March 21, 2007 at 8:48 pm #30019
Bob,
I want to apologize to you if you took my post as “taking a shot at you.” That was not the intent, whatsoever. My intent was to caution everyone to use/contact a tax advisor to make sure the interest would be deductible/advantageous to them.
Apparently I ruffled at least one person’s feathers. Sorry for the confusion.
JD
March 21, 2007 at 8:48 pm #551641Bob,
I want to apologize to you if you took my post as “taking a shot at you.” That was not the intent, whatsoever. My intent was to caution everyone to use/contact a tax advisor to make sure the interest would be deductible/advantageous to them.
Apparently I ruffled at least one person’s feathers. Sorry for the confusion.
JD
March 21, 2007 at 8:59 pm #30022Thats ok, I don’t claim to be a “knowledgeable” tax professional, but I did sleep at a Holiday Inn last night.
March 21, 2007 at 8:59 pm #551647Thats ok, I don’t claim to be a “knowledgeable” tax professional, but I did sleep at a Holiday Inn last night.
March 21, 2007 at 11:37 pm #30027Quote:
Bob,
I want to apologize to you if you took my post as “taking a shot at you.” That was not the intent, whatsoever. My intent was to caution everyone to use/contact a tax advisor to make sure the interest would be deductible/advantageous to them.
Apparently I ruffled at least one person’s feathers. Sorry for the confusion.
JD
No problem at all ….I agree with you 100%, it is something that we always talk about with our members when we do these loans. I have no background in tax advising, just loans!
Thanks
March 21, 2007 at 11:37 pm #551722Quote:
Bob,
I want to apologize to you if you took my post as “taking a shot at you.” That was not the intent, whatsoever. My intent was to caution everyone to use/contact a tax advisor to make sure the interest would be deductible/advantageous to them.
Apparently I ruffled at least one person’s feathers. Sorry for the confusion.
JD
No problem at all ….I agree with you 100%, it is something that we always talk about with our members when we do these loans. I have no background in tax advising, just loans!
Thanks
March 22, 2007 at 1:07 am #30028Whenever you change your financial status, it is highly advisable to consult a tax person first. A simple phone call could save you thousands when you “think” you are saving yourself some money.
March 22, 2007 at 1:07 am #551780Whenever you change your financial status, it is highly advisable to consult a tax person first. A simple phone call could save you thousands when you “think” you are saving yourself some money.
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