Can I deduct mortgage interest on a home outside the U.S.

Client owns rental property in the US- the home mortgage is held by a foreign bank... is the mortgage interest deductible on the Schedule E?

Dear Intl Tax Expert and Visa Taxes, Thank you very much for your valuable advise. From the above discussion, I understood that, to claim the home mortgage interest paid to a foreign banker, we need to fill a form 1042 and pay 30% of the mortgage interest paid to the foreign banker right? ...

I signed closing papers on June 11 with funding to occur on June 16 for the refinance of my home more than 45 days ago. To date (July 31), my original mortgagor has not received the pay-off from the company with whom I refinanced. Since the papers were signed, two payments have become due (and...

My fiance' purchased a home (the title and mortgage are on his name ONLY) and I have been paying 50% of mortgage, upkeeping expenses and home improvements (I have bank statements and receipts) since day 1 - for about 1.5 years. He now broke up the engagement, and he is asking me to conribute to...