Paul,
Just out of curiosity Paul how many of your clients report all of their reportable income. I mean the guy finds a $5 bill on the floor and reports it as income. The guy who reports the $100 he made at the crap table. The guy who reports the $20 his neighbor gave when helped build a doghouse.
How many of your clients take out a home equity loan for purposes not related to their principal residence yet still take the interest paymenst as a deduction?
|