You'll need to sign in or create an account to connect with an expert.
Yes, as part of your rental expenses. Do not use it as an itemized deduction.
You don't need a 1098 to claim the mortgage interest, insurance or property taxes paid. You can still claim those expenses. Just make sure that, in case you're ever audited, you have the paperwork to prove those expenses.
Also understand that your foreign rental property is *NOT* depreciated over 27.5 years since it's not in the U.S.
- If placed in service in 2017 or earlier it's depreciated over 40 years.
- If place in service in 2018 or after, it's depreciated over 30 years.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
bartlettpc
New Member
Gallejos10
New Member
squidlady
Level 5
howjltx
Level 3
bailey1142
New Member