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From: arnold@umcp-cs.UUCP (Arnold Miller)
Newsgroups: net.invest
Subject: Re: Interesting IRA Idea
Message-ID: <8205@umcp-cs.UUCP>
Date: Wed, 5-Sep-84 11:11:06 EDT
Article-I.D.: umcp-cs.8205
Posted: Wed Sep  5 11:11:06 1984
Date-Received: Fri, 14-Sep-84 08:15:10 EDT
References: <1031@ucla-cs.ARPA>
Organization: U of Maryland, Computer Science Dept., College Park, MD
Lines: 15


	I may be wrong but I thought that you can not declare the
interest you pay on a loan to get an IRA to be a tax decution.
	I thought that IRA's were condisered to be the same as
Tax-defered or Tax-free bonds. To borrow money to abtain these Items
and have their interest tax decutable seems to be giving you two
decutions for the same item, which the IRS should not allow.

	But who am I to argue with the an IRS publication

-- 
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Arnold Miller, U of Maryland, College Park Md.
UUCP:	{seismo,allegra,brl-bmd}!umcp-cs!arnold
CSNet:	arnold@umcp-cs 	ARPA:	arnold@maryland