Is this personal bad debt? Is it fully deductible?
Thursday, August 30th, 2007Steven M asked: On June 6, 2003, Susan Stewart, one of Bernard’s stylists, left town to get away from a troublesome ex-husband. To help Susan establish a business elsewhere, Bernard loaned her $5,000. Susan signed a note dated June 4, 2003, that was payable on demand and provided for 5% interest. On [...]
please help.question about personal debt?
Tuesday, August 7th, 2007LINDSEY S asked: we are trying to get ourselves out of debt but we only seem to be digging ourselves a deeper hole. we have tried to cut back on spending but it seams that something comes up everymonth. for example last month my bf had his company computer stollen and the expenses department wouldn’t [...]