For an opinion the practitioner knows or has reason to know will be used or referred to by a person other than the practitioner (or a person who is a member of, associated with or employed by the practitioner's firm) in promoting, marketing or recommending to one or more taxpayers a partnership or other entity, investment plan or arrangement a ...
The financial crisis of 2008 could itself be the basis of a seminar on conflicts of interest. The crisis exposed apparent conflicts of interest in many areas, particularly in the production and sale of mortgage-backed securities, and among credit rating agencies that rated these instruments.
Definition of an investment interest expense. When you borrow money to buy property for investment purposes, any interest you pay on that borrowed money becomes an investment interest expense.. For example, say you take out a $5,000 loan against your home equity and use the money to buy stock. The interest on that loan is investment interest.