Posted 1/27/2024 11:56 (#10596088 - in reply to #10595524) Subject: RE: Save on operating interest or invest in mutual funds?
Glasgow, Ky
I respectfully disagree. Using that logic, anything you buy with money from farm LOC would qualify for a farm interest deduction. If audited and the IRS determines LOC funds were used to purchase a boat you are up the creek without a paddle . :)
Save on operating interest or invest in mutual funds?
