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-   -   Tax Deduction for Foreign Mortgage Interest (https://www.askmehelpdesk.com/showthread.php?t=80235)

  • Apr 7, 2007, 08:23 PM
    epicurus
    Tax Deduction for Foreign Mortgage Interest
    If I borrow money from a foreign lender for a property in the U.S. can I get income tax deduction for the mortgage interest I paid to the foreign bank?

    Thanks,
  • Apr 17, 2007, 08:53 AM
    AtlantaTaxExpert
    Yes, if you identify the bank on Schedule A.

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