Deduction of CDN mortgage interest

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gnycNew Member
Topic author
Posts: 1
Joined: 31 Mar 2009

Deduction of CDN mortgage interest

Post Tue Mar 31, 2009 9:18 am

Hello,

I've done a bit of searching and can't find an answer. I am working in the States on a TN visa. I rent an apartment here but own a home in Canada. I've been told that I can deduct the mortgage interest I pay on the home in Canada from my US taxes. Is this correct?

Thanks!
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StevenCanuckAbroad VIP
Posts: 3635
Topics: 2
Joined: 28 Sep 2007
Location: Calgary

Re: Deduction of CDN mortgage interest

Post Tue Mar 31, 2009 10:19 am

http://www.irs.gov/pub/irs-pdf/p936.pdf

I think it depends on where your tax home is as well.
Steve.
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harryjoneNew Member
Posts: 2
Joined: 16 Nov 2010

Re: Deduction of CDN mortgage interest

Post Tue Nov 16, 2010 11:34 pm

yes, it is true....but u may take advice from some legal consultant
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