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bburnetto
New Member
posted
‎June 6, 2019 4:39 AM
last updated ‎June 06, 2019 4:39 AM

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
‎June 6, 2019 4:39 AM

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
‎June 6, 2019 4:39 AM

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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bburnetto
New Member
‎June 6, 2019 4:39 AM

Mortgage interest

Thank you very much for your response.
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