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Learn why traders use futures, how to trade futures, and what steps you should take to get started. Watch a replay of the 2017 Tech Talk event, featuring speakers from Colt, Orbital Insight and more. The CME Institute is your resource for trading education. Designed for new and advanced traders come explore our courses and practice on our simulator. Learn the role of the futures markets in everyday life and the fundamentals of the derivatives markets.
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SANTA BARBARA, CA – FEBRUARY 05: Oprah Winfrey attends the 29th Santa Barbara International Film Festival Montecito Award held at Arlington Theatre on February 5, 2014 in Santa Barbara, California. It isn’t really the yacht deduction, but that’s what this loophole in the mortgage interest deduction can give you, as long as you borrow the money to buy it. According to IRS Publication 936, the home mortgage interest deduction can be used on any “qualified home. A qualified home can be a mobile home, house trailer or boat, as long as it has sleeping, cooking and toilet facilities. To take advantage of this tax savings, you can live in your regular house and deduct the interest on that “second house” yacht down at the marina as well. 1,000,000 in total mortgage balances.