A lift electromagnet can interact with a permanent magnet, but the outcome depends on their pole orientations. If the north pole of the permanent magnet faces the lift magnet, the south pole of the lift magnet will attract it while the north pole repels it, leading to unpredictable results. The breakaway force when combined will be less than if two permanent magnets were used together. Introducing soft iron between the two magnets can enhance attraction due to induced magnetism, but the configuration must be carefully managed to avoid conflicting magnetic patterns. Overall, the interaction can be complex and may require experimentation to determine the exact forces involved.