Deduction for interest paid for loan secured in a foreigh country

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» Deduction for interest paid for loan secured in a foreigh country

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Mar 24, 2008, 02:05 PM

kr_therock

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Deduction for interest paid for loan secured in a foreigh country

I work full-time in the US on a work visa. I bought a house in a different country (India) and took the loan in a bank in India. I do not have any income from that house (my parents live there). Is there a way I can claim a deduction for the interest paid for the loan?

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Mar 24, 2008, 07:46 PM	#2

IntlTax Tax Expert Join Date: Sep 2006 Posts: 684	See the post at http://www.askmehelpdesk.com/taxes/t...tml#post871125

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