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e078449
Sep 2, 2012, 08:56 AM
If I borrow money from a foreign company (not ncecessarily a bank) to buy rental properties in US, can I have the tax deduction of the interests from the foreign loan?

AtlantaTaxExpert
Sep 2, 2012, 07:26 PM
Yes, as long as you can prove that the rental properties have been used to secure the loan.