Replies to post #82622 on Eagle Worldwide Inc.(fka ELWD)

[4Godnwv]

>so now they give you a card and loan money to you? you have to pay your own money back to them?<

Did I say you'd be paying 'them' back?

All I am asking is, Are the proceeds from a loan taxable and is there a tax deduction for interest paid on a loan?

[NorCal]

You loan yourself money.
Not that hard to figure out or do. Draw up a contract. Make "payments". Pay "intrest".
get it.