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Are deductions possible on international home renovations I made to a house that's not technically mine?
Hello! My dad owns a house in Sri Lanka and I want to make it into an Airbnb so I spent around $30k on renovations this year. Am I able to get any tax benefits from having spent that money on house renovations, particularly in an international case like this? If not, what can I do in the future so that my future spending on this house can give me a tax benefit?
March 5, 2025
10:36 AM