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View Full Version : Deducting mortgage interest on foreign property


billphillips43
Dec 14, 2009, 02:41 PM
I am a US citizen with full time residence in Singapore (with Permanent Resident Status in Singapore). I have not resided in the US for several years.

I have purchased a home in Singapore. Can I deduct mortgage interest from my US taxes? Can I deduct prepaid interest (points) from my taxes?

Five Rings
Dec 15, 2009, 07:33 AM
Yes