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    jacksonh's Avatar
    jacksonh Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Jan 5, 2008, 10:11 PM
    Foreign property
    Hello,

    I am a U S citizen working for the U S government in Germany. I bought a house in Germany in 2006. I pay the property tax on the house to the German government. The house is being financed through a German bank. Can I deduct my mortgage payments and interest payments for this property.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Jan 5, 2008, 10:49 PM
    Yes, both the property taxes and the mortgage payments ARE deductible.
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