Is credit card interest tax deductible if you put the money on the credit card towards investments?
For example, if I used a cash advance to
1. buy stocks,
2. invest in bonds/fixed income assets
3. "refi" my personal mortgage
4. buy investment property
or any other situations where credit card interest is tax deductible?
Thanks for all you responses. Just to clarify –
Say I borrow 0 from my credit card at 10%.
I owe 0 at the end of the year.
I put… Continue reading
Categories: loans Tags: assets, bonds, buy stocks, cash advance, credit card interest, investment property, personal mortgage, refi, stock
What banks will let you use a credit card for the opening deposit when you open a savings account?
I want to open a savings account for about 0 and charge the opening deposit to a credit card. The credit card gets points, which would be good for a gift card if I had about 700 more. I want to close the credit card account, but only after I get enough points, to not waste the points I already have. I’m going to open a savings account anyway, so… Continue reading
Categories: loans Tags: bank of america, banks, cash advance, checking account, credit card account, credit card transaction, gift card, high interest, savings accounts
Can you get personal loan or cash advance wired to your Wired Plastic Debit Visa Card?
Im trying to get a cash advance or a personal loan Online but I don’t have a checking account and I know you need one but I do have a debit visa card isn’t there a way you can used your information for your card instead of a checking account cause its basically the same thing.… Continue reading
Categories: loans Tags: cash advance, checking account, debit visa card, personal loan
Does anyone know where to go to get a fast personal loan with prior bankruptcy, and not a cash advance?
Brother has prior bankruptcy with his divorce, almost two years out and needs a fast personal loan, not a cash advance! Does anyone know who will work with him, I told him maybe Beneficial, or Prosper, but that could take a while, but not sure with either because of his bad credit. Does anyone know an immediate peer to peer personal loan? Any advice would be great! Thanks!… Continue reading
Categories: loans Tags: bad credit, Bankruptcy, Brother, cash advance, divorce, personal loan
Does anyone know where to go to get a fast personal loan with prior bankruptcy, and not a cash advance?
Brother has prior bankruptcy with his divorce, almost two years out and needs a fast personal loan, not a cash advance! Does anyone know who will work with him, I told him maybe Beneficial, or Prosper, but that could take a while, but not sure with either because of his bad credit. Does anyone know an immediate peer to peer personal loan? Any advice would be great! Thanks!… Continue reading
Categories: loans Tags: bad credit, Bankruptcy, Brother, cash advance, divorce, personal loan
Does anyone know where to go to get a fast personal loan with prior bankruptcy, and not a cash advance?
Brother has prior bankruptcy with his divorce, almost two years out and needs a fast personal loan, not a cash advance! Does anyone know who will work with him, I told him maybe Beneficial, or Prosper, but that could take a while, but not sure with either because of his bad credit. Does anyone know an immediate peer to peer personal loan? Any advice would be great! Thanks!… Continue reading
Categories: loans Tags: bad credit, Bankruptcy, Brother, cash advance, divorce, personal loan
