Yes I understand everyone here are strangers on the internet.
I have yet to talk to me accountant but I figured I throw it out here while waiting.
I am a dividend investor.
Its my understanding that the interest on the margin loans and PBLoC are tax deductible as long as they are used for income investments.
Am I wrong in this ?
I dont plan on maxing everything out on leverage but a small tax deductible boost would help move things along.
What are people's thoughts?
Is anyone doing this already ? I would love to hear back.
I use WS as a platform
Thank you