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It just shows how difficult this area is for tax professionals. Even if something is legal, Part IVA can knock it down if it is entered into to seek a tax benefit. That's why your intentions in the end make the difference on whether you can claim it or not.

I think you mean to increase deductible debt. I invested in blue chips 4 years ago and they are worth 60% of what I paid for them. As mentioned above the, the GFR, aka the beginning of the Great Recession has made share investing more risky and more downward trending. Of course, you may be...