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Is it ok to include the mortgage interest paid for a house that I have given for rent in a foreign country . I don't have a form 1098 as it is in a foreign country.

 
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KrisD
Intuit Alumni

Is it ok to include the mortgage interest paid for a house that I have given for rent in a foreign country . I don't have a form 1098 as it is in a foreign country.

If the house is a rental, it is not Home Mortgage Interest so it is not deductible on your Schedule A, but if you are claiming the foreign rent income, you can also claim the rental expenses on your schedule E, including interest expense. 

https://www.taxesforexpats.com/articles/real-estate/information-you-need-about-foreign-rental-proper...

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1 Reply
KrisD
Intuit Alumni

Is it ok to include the mortgage interest paid for a house that I have given for rent in a foreign country . I don't have a form 1098 as it is in a foreign country.

If the house is a rental, it is not Home Mortgage Interest so it is not deductible on your Schedule A, but if you are claiming the foreign rent income, you can also claim the rental expenses on your schedule E, including interest expense. 

https://www.taxesforexpats.com/articles/real-estate/information-you-need-about-foreign-rental-proper...

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