"Kyle Boatright" wrote in message
...

"John Doe" wrote in message
news:OQ0We.23172$8q.16954@lakeread01...


If you're looking at it from a purely financial standpoint, remember that
you can write off the interest paid on a home loan, whereas you can't on
an
airplane loan. Depending on the term and rate, borrowing against the house
could significantly reduce the effective interest rate.

KB



Maybe if you live in the states!
Up here in canada I don't think you can write off any debts on a house or
anything unless you use it for buisness!
Even then there may be many restrictions on how much or on what you can
"write-off".

CCRA (Canada Customs and Revenue Agancy) is one of the most tight-assed of
any govermant body in Canada