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    nethajij's Avatar
    nethajij Posts: 19, Reputation: 1
    New Member
    		  
    #1

    Mar 27, 2009, 04:25 PM
    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.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Mar 27, 2009, 05:28 PM

    No.
    1. House is not in your name.
    2. All these expenses are capital expense and are not deductible.
    nethajij's Avatar
    nethajij Posts: 19, Reputation: 1
    New Member
    		  
    #3

    Mar 30, 2009, 01:52 PM

    Thank you, MukatA.
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