Rental property mortgage interest deduction

May 01, 2007 0 Replies

I paid off my home (single family residence) in California in 2003. I rented out my CA home and relocated to India in



2005. I took a mortgage on my CA home in 2006 to buy a home in India. Is my mortgage interest on CA home deductible as a rental property expense on the US federal returns? Thanks.



>
>
>
>
>
>
>
>
>

Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required