- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Are interest payments on life insurance loans deductible if the loan proceeds were used to purchase an annuity?
The annuity established over 10 years ago provides a small amount of income annually. Annual interest expenses have risen to nearly equal the amount of income. (Net is approx $100).
Topics:
March 4, 2024
6:14 AM