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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Saving on taxes by investing. Posted by Ward-CA- on October 27, 2003 at 7:09 PM In Reply to: Income Tax posted by Derek on October 27, 2003 at 2:48 PM : Ward, : I have about $40k income this year that I need to invest to show a deduction on my taxes. If I loan the money in the form of a 2nd mortgage to distressed home owners, can I use it as a tax deduction this year? I am in Arizona. : Regards, : Derek -=-=-=-=-=-=-=-=- Derek, I'd talk with a tax specialist like a real estate oriented CPA, or a tax attorney. Follow Ups: Re: Saving on taxes by investing. Investing Glossary 5:03 PM, 01/14/04 (0) Re: Saving on taxes by investing. Investing Glossary 5:03 PM, 01/14/04 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : Ward, : : I have about $40k income this year that I need to invest to show a deduction on my taxes. If I loan the money in the form of a 2nd mortgage to distressed home owners, can I use it as a tax deduction this year? I am in Arizona. : : Regards, : : Derek : -=-=-=-=-=-=-=-=- : Derek, : I'd talk with a tax specialist like a real estate oriented CPA, or a tax attorney. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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