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lax4u
Mar 5, 2008, 09:11 AM
If i buy a property outside USA for commercial purpose do i get any TAX deduction.?
charlotte234s
Mar 5, 2008, 12:45 PM
I don't see why you should...?
lax4u
Mar 6, 2008, 08:35 AM
are u sure? becuase i bought this property as a investment. im not doing any business there yet. Also im not US citizen. But im leaving in the USA for last 8 years. Also If i send some money to India for my mother's medical expenses can i deduct that.? how do i prove that in case of audit that the money is actually being used for medical expenses.