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    billphillips43's Avatar
    billphillips43 Posts: 1, Reputation: 1
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    #1

    Dec 14, 2009, 02:41 PM
    Deducting mortgage interest on foreign property
    I am a US citizen with full time residence in Singapore (with Permanent Resident Status in Singapore). I have not resided in the US for several years.

    I have purchased a home in Singapore. Can I deduct mortgage interest from my US taxes? Can I deduct prepaid interest (points) from my taxes?
    Five Rings's Avatar
    Five Rings Posts: 459, Reputation: 7
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    #2

    Dec 15, 2009, 07:33 AM

    Yes
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