What are the advantages of borrowing from a non retirement brokerage account?

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Jul 5, 2024
10:02:14pm

CBaass All-American

What are the advantages of borrowing from a non retirement brokerage account?

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CBaass

Previous username: BigBassThunder
Bio page: CBaass
Joined: Sep 3, 2007
Last login: Oct 4, 2024
Total posts: 16,757 (5,749 FO)

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Messages

Author

Time

What are the advantages of borrowing from a non retirement brokerage account?

CBaass

Jul 5, 10:02pm

No gain realization on a distribution, tax deduction on interest, lowest rate out there if you have a good relationship

RdF3

Jul 5, 10:29pm

Simple and fast. Some potential tax write offs depending on how you use it

Acorn

Jul 6, 9:21am

Note that the investment interest expense deduction can be for any type of

Acorn

Jul 6, 9:22am

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