Is credit card interest tax deductible if you put the money on the credit card towards investments?

Posts Tagged ‘assets’

Is credit card interest tax deductible if you put the money on the credit card towards investments?

By Author on Monday, May 23rd, 2011 | 7 Comments

For example, if I used a cash advance to 1. buy stocks, 2. invest in bonds/fixed income assets 3. "refi" my personal mortgage 4. buy investment property or any other situations where credit card interest is tax deductible? Thanks for all you responses. Just to clarify – Say I borrow 0 from my credit card [...]

Over the last 9 years I have managed to rack up substantial unsecured credit card debt. I do not have any?

By Author on Friday, September 17th, 2010 | 9 Comments

assets, other than the 00 of equity of my house. If I just stop paying my credit cards, and wait out the statue of limitations, will the debt go away, regarding the credit cards? I can live with out the "just pay it" and "get a life" remarks. Please only helpful answers. I don’t need [...]

Understanding Chapters of Bankruptcy & Their purposes

By Author on Tuesday, September 14th, 2010 | No Comments

Since the year 2005 there has been new establishment of bankruptcy laws. These different types offer several options in how the bankruptcy will work for them, setting up repayment and who can file the type of bankruptcy. Not every type of bankruptcy is applicable for everyone and it is crucial that you find the right [...]

Over the last 9 years I have managed to rack up substantial unsecured credit card debt. I do not have any?

By Author on Friday, August 13th, 2010 | 11 Comments

assets, other than the 00 of equity of my house. If I just stop paying my credit cards, and wait out the statue of limitations, will the debt go away, regarding the credit cards? I live in the State of Ohio. I can live with out the "just pay it" and "get a life" remarks. [...]

The Cold Truth About Mortgages

By Author on Friday, August 13th, 2010 | No Comments

Many home owners run into the problem of living beyond their means. They may own their home, but as other bills and expenses pile up they discover that they are trapped in a world of hurt, and can’t see the light of day. When a home owner finds themselves caught in a financial crunch they [...]

No Annual Fee Credit Cards

Posts Tagged ‘assets’