Jewel61
New Member

Deductions & credits

I do appreciate your help and I read things the same way you do.  

 

However, I know that a year ago, I found a paragraph in one of the many IRS instructions and publications that I read that specifically addressed this issue.  It was something to the effect of "The interest on a margin loan used to fund a home cannot be claimed as investment interest".  I've been trying to find that for the last 6 months to no avail.