Obviously, based on your own financial predicament, their taxation approach was some other

Some very nice recommendations were maybe not collateralizing loans with income tax-exempt securities; maybe not to invest in income tax-exempt bonds into loan proceeds; and you can transferring lent funds toward another membership that’s not relevant that have taxation-excused ties.

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  • Even though you make use of the financing to order certified bonds, however your collection includes taxation-exempt bonds, this may lead brand new Irs in order to disallow element of your focus expense.