I am US resident for tax purpose. Last year, I bought real estate property in foreign country by taking home loan throgh foreign bank lender. I also paid Value Added Tax (VAT) or TDS ( Tax Deducted at Source) for real estate property, Stamp Duty and Registration fees and Lawyer charges. What of these mentioned expenses can be claimed as deduction for US tax filing ? Are those categorized as property taxes OR foreign sales tax? Keep in mind, I dont file tax return in that foreign country as I dont earn any income in foreign country.
