New refi funds put into everyday account by bank

Discussion in 'Accounting & Tax' started by mikey7, 28th Jul, 2016.

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  1. wylie

    wylie Moderator Staff Member

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    Thanks Terry. The LOC is a deductible debt. It is for investment purposes. So I'm just refinancing a private loan with a bank loan.
     
    wylie, 28th Jul, 2016
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