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re: Greedy or Generous? What says the OT

Posted on 3/12/14 at 10:35 am to
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 3/12/14 at 10:35 am to
quote:

What happens when she wants to claim the interest on her tax return?


interest on consumer debt is not tax deductible...on student loan debt it is but considering this would be a family deal done in cash, I doubt they are very worried about the tax implications

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