Tax Deduction Against Loan

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  • This topic has 2 replies, 1 voice, and was last updated 6 years ago by Anthony.
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  • January 20, 2019 at 4:49 pm #4252171
    Max

      I am a salaried professional in US who doesn’t own a property in USA . I own a foreign property against which I pay monthly loan installments. That property is on rent. Can I claim tax deductions in US against that loan on a foreign property?

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      • January 21, 2019 at 9:46 am #4252204
        Anthony

          Yes. Deduct it all.

        • January 21, 2019 at 8:08 am #4252200
          Jonathan Leissler

            What are you planning to take it against? There’s no deductions for loans.

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