Tax Info

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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