Does a boat qualify as a residence for purpose of deducting interest expenses on a residence under Internal Revenue Code 163?...
Why Finance?
If you are in the 30% tax bracket, this interest expense deduction will save you $12,058.91, effectively reducing the cost of the loan to $28,137.39. This same $100,000, if invested earning 9%, would grow to...
Fixed rates as low as *
5.99%
FAQ's
In the example below it’s easy to see that investment earnings can far exceed the cost of marine financing?
Why should I not borrow against my home, which I own free and clear?
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*Rates are subject to change without notice. Actual rate may vary based on credit history, collateral, down payment, loan amount and other criteria.
