[Staper]

I have home and home loan outside of US.
Can I write off the tax for this loan?

[IntlTax]

If you meet the normal requirements for deducting mortgage interest, then the fact that the home is outside the U.S. will not cause the mortgage interest to be disallowed. If you are resident in the U.S. then the interest expense will be treated as U.S. source interest and you are required to withhold 30% (or lower treaty rate) of the interest payments to the foreign person.

[AtlantaTaxExpert]

Agreed.

[IntlTax]

Glad you agree.

[AtlantaTaxExpert]

IT:

I put AGREED on it to mark that I have read the posting. Due to heavy tax workload, I often go several days without accessing this forum, and am often dozens if not hundred of posting behind.

I have to look at every one, and it's hard to remember which is which if I do not make the forum mark it for me.

[IntlTax]

I too am busy. I receive an email every time you reply to my postings. Respectfully, I would prefer that you not respond to my posts unless you have something meaningful to add.

[AtlantaTaxExpert]

Okay!