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Can a corporation deduct interest paid on a property (vacation rental) like a...
thebuffettour
12-08-2009, 10:10 AM
...person can?
jseah114
12-08-2009, 10:20 AM
Yes, however a corporation won't be subjected to vacation home limitations that an individual will. A corporation can't personally use a vacation home (last time I checked, a corporation can't go on vacation, while a human being can).