That's not true Dezza. Tax deductibility is determined by the...

  1. EuroTravelLover
    959 Posts.
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    20/04/08
    23:49
    Post #: 3608540
    That's not true Dezza. Tax deductibility is determined by the use of the funds not the source of the funds. So if you had a margin loan used solely to buy shares for investment or trading purposes and you use a credit card advance to pay off the margin loan, the interest on the part of the credit card advance used to payout the margin loan will be tax deductible.
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    lightbulb Created with Sketch.  Great analysis
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