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    lax4u's Avatar
    lax4u Posts: 2, Reputation: 1
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    #1

    Mar 5, 2008, 10:11 AM
    Deduction on Propery outside USA
    If I buy a property outside USA for commercial purpose do I get any TAX deduction.
    charlotte234s's Avatar
    charlotte234s Posts: 1,903, Reputation: 143
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    #2

    Mar 5, 2008, 01:45 PM
    I don't see why you should..
    lax4u's Avatar
    lax4u Posts: 2, Reputation: 1
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    #3

    Mar 6, 2008, 09:35 AM
    Are you sure? Because I bought this property as a investment. I'm not doing any business there yet. Also I'm not US citizen. But I'm leaving in the USA for last 8 years. Also If I send some money to India for my mother's medical expenses can I deduct that. how do I prove that in case of audit that the money is actually being used for medical expenses.
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