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

    Apr 15, 2007, 11:43 AM
    Mortgage on a House outside the US
    I am in the US on an L1 Visa.
    I own a house in Israel with a Mortgate on it. The house is rented and I do not live in it.
    I don't own any more house.
    Can I deduct the Mortgate interest on this house?

    Thank You
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Apr 21, 2007, 08:09 AM
    You have to claim the rental income on Schedule E in order to claim the mortgage interest.
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