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<p>dstark, why doesn’t your rich friend apply for an equity line loan secured by his house? Then he would be able to deduct a part of the interest expense in the event he borrows money?</p>
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<p>dstark, why doesn’t your rich friend apply for an equity line loan secured by his house? Then he would be able to deduct a part of the interest expense in the event he borrows money?</p>