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bburnetto
New Member

Mortgage interest

I got a signature loan from my bank to build a house in a foreign land, which I reside.  Can I deduct as mortgage interest
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Fern
New Member

Mortgage interest

No, the loan must be secured by your home for the interest to be deductible on your tax return.

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2 Replies
Fern
New Member

Mortgage interest

No, the loan must be secured by your home for the interest to be deductible on your tax return.
bburnetto
New Member

Mortgage interest

Thank you very much for your response.

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