Mortgage interest in Canada for a US resident with a

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Sent: Tuesday, May 27, 2003 11:40 AM
To: [email protected]
Subject: RE:  Capital gains and Rental profits for
U.S. Residents
Similar topic with a variation.
As a US citizen and US resident - would I be able to deduct
mortgage
interest payments on Canadian property as a second residence
against my
US earned income .  I would have no intention of renting the
property.
--------------------------
david ingram replies
The answer is yes!
You can deduct the mortgage interest on your schedule A for a
second home or vacation property no matter where it is located.
ingram
david ingram - [email protected] <mailto:[email protected]>
108-100 Park Royal South
West Vancouver, BC, CANADA, V7T 1A2
(604) 913-9133 - (604) 913-9123 www.centa.com
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   -----Original Message-----
   From:       [email protected]
               [mailto:[email protected]]
   Sent:       Tuesday, May 27, 2003 12:00 PM
   To:         [email protected]
   Subject:     Capital gains and Rental profits for
U.S.
               Residents
    << File:  Capital gains and Rental profits for
U.S.HTM
   >>  << File: NR-6 Non Resident Undertaking.pdf >>  << File:
    Capital gains and Rental profits for U.S.TXT >>
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