Which of the Following Types of Interest Are Likely to Be

question 81

Multiple Choice

Which of the following types of interest are likely to be deductible in 2019?

• A)Interest on personal credit cards
• B)Interest on a $40,000 home equity line used to buy a car
• C)Interest on a $150,000 mortgage on a principle residence
• D)Interest on a $90,000 home equity line used to pay college tuition
• E)All of these are likely to be deductible

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Definitions:

Self-Defense

The right or act of defending oneself, one's property, or one's country against harm or danger using necessary force.

Sexual Assault

Any non-consensual sexual act prescribed by law, including when the victim is unable to give consent.

Self-Defense

The right to use reasonable force to protect oneself or others from physical harm from an aggressor, under specific circumstances.

Enslaver

A person or entity that holds individuals in slavery, depriving them of their freedom.