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Article-expands rules on deductible home-equity debt

Review the article: Expands Rules on Deductible Home-Equity Debt

1. Provide an overview of the article and keep topics

2. Explain the purpose of the article.

3. If you agree with the article, how can Revenue Ruling 2010-25 be beneficial? If you disagree with the article, what are the implications for implementing Revenue Ruling 2010-25.

4. Explain the major conclusions of the article.

5. What is your opinion on these conclusions?

Attachment:- Expands Rules on Deductible Home-Equity Debt.rar

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Finance Basics: Article-expands rules on deductible home-equity debt

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