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Old 07-13-2007, 04:18 PM   #1967
Cletus Miller
the poor-man's spuckler
 
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Join Date: Apr 2005
Posts: 4,997
Quote:
Originally posted by Greedy,Greedy,Greedy
Because they get to deduct the full $9.6 from their ordinary income.
Is that true? Passive investors get to deduct investment costs from OI rather than capital gains?
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