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I am a conservative investor who only buys dividend paying stocks. I do not have enough deductions to itemize. I would like my portfolio to be slightly leveraged. However, I do not want to received taxable dividends and have non-deductible margin interest. What if I borrowed on margin and purchased some units in a LTD Ptr like Cedar Fair, Buckeye Partners or Alliance Management? Would the interest deduction be taken on schedule E, or would it still be reportable on schedule A where I could not take advantage of it. Thank you in advance for any advice you can give me.