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Is my loan interest for equity investments tax deductible? What about RSP and RESP losses? |
Is my loan interest for equity investments tax deductible? What about RSP and RESP losses? there are so many technicalities you should really contact an accountant (CA, CMA, CGA) I think so but im not completly sure though. |
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Risk in equity investments like in two places: capital value and volatility. Capital value. Stocks can go up and they can go down. The direction of a stock is influenced by the fundamentals of... You can set off this loss, only against Short Term Capital Gains of this year, provided it is not a long term capital loss. In ITR 2 you need to show the Capital Gains Income in Schedule CGI and... If I were you, I would SELL the investment property, pay off the credit cards, and use any remaining cash to buy more property FREE AND CLEAR. ...Not really. For instance if you use $20,000 cash to buy land, you would Debit - Land Credit - Cash Does that make sense? ...No, it isn't. Matter of fact, if the brokerage you bought through knows you took out a loan in order to invest, they can be prosecuted and lose their license. Don't ask me what the mo... Required rate of return=r_f+(R-m-r_f)*b= 6.5+8.4*.95=14.48% ...... wait till you get some time in at this componey befor you invest in it cuse you may not want it as part of your potfolio or you may get downsize,d as i did with avied thermaloy $950 investement goi... |
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