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I'm a US citizen living and working in the United States. I own property overseas. Can I claim the mortgage interest deduction on my US tax return for the foreign property?


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The BIDaWIZ Team's Answer:

Yes, you can generally still claim the mortgage interest deduction on Schedule A of your form 1040 even if the property is not located in the United States.

The BIDaWIZ Team

 

 

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