In a 1994 course syllabus, writer David Foster Wallace encouraged his students to be sedulous in their proofreading. Continue reading... There are a couple of words that basically mean the same thing as sedulous but are a little more common, namely assiduous, painstaking, and diligent.
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.
To deduct these expenses, they are treated as investment interest expenses, and are subject to all of the rules and regulations involving investment interest expense. Report these expenses on Schedule A. Example: You short 100 shares of XYZ company on Feb. 1, 1996 for $10/share.