Hi there - I file my FBAR/FinCen Form 114 every year and I also file my tax returns in India every year as an Non-resident Indian.
Me and my wife have couple of rental properties in India for which we paid the annual property taxes. These properties were not used personally but they were also not rented out, so no rental income from them. We incurred some maintenance on these properties are can we show/disclose these maintenance expenses on our tax filings this year?
Can the maintenance expenses be shown as ordinary losses on form 4797 with Passive Activity Loss?
Also, for the property taxes paid, can we use the form 1116 and can we claim for past few prior years too?
