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-   -   Claiming expenses for home bought in India (https://www.askmehelpdesk.com/showthread.php?t=334716)

  • Mar 27, 2009, 04:25 PM
    nethajij
    Claiming expenses for home bought in India
    I am working in NY and living in NJ since 2006.

    I bought a home in India in 2008 and it is registered on my father's name. Can I claim the expenses incurred on buying this home, property tax, registration cost on my US tax returns? Please clarify.
  • Mar 27, 2009, 05:28 PM
    MukatA

    No.
    1. House is not in your name.
    2. All these expenses are capital expense and are not deductible.
  • Mar 30, 2009, 01:52 PM
    nethajij

    Thank you, MukatA.

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