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| fpgabuilder-news[at]yahoo.com (Cricket Fan) writes: - quote - > Can I deduct interest paid on a home-loan taken outside the
The location of the property makes no difference. If the> U.S.? interest qualifies, either as home mortgage interest or as investment interest, it's deductible. Phil Marti Clarksburg, MD << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| Cricket Fan wrote: - quote - > Can I deduct interest paid on a home-loan taken outside the
Hmmm.. will this be your primary personal residence?> U.S.? > I am planning to buy a property in India. The source of my > income is in the U.S. and I file Income Taxes in the U.S. ChEAr$, Harlan Lunsford, EA n LA << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| Can I deduct interest paid on a home-loan taken outside the U.S.? I am planning to buy a property in India. The source of my income is in the U.S. and I file Income Taxes in the U.S. I would appreciate any help. Thank you. Best, << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| deduction, interest, nonus, property |
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