Can I claim property taxes for second home outside USA? Currently, renting in USA.?

December 29th, 2009 | by admin |

I have bought a second(vacation) home in India, can I claim property taxes on the same as a deduction against federal or new jersey state taxes? If yes, under what head? What extra forms do I need to fill out for this purpose?

Yes you can if the house secures the loan and you don’t rent it out.

You list the interest on schedule A. Use line 11 instead of line 10.

  1. One Response to “Can I claim property taxes for second home outside USA? Currently, renting in USA.?”

  2. By v b on Dec 29, 2009 | Reply

    Yes you can if the house secures the loan and you don’t rent it out.

    You list the interest on schedule A. Use line 11 instead of line 10.
    References :

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