3 ms·
> My mortgage is -$2000 / month. That's right, negative $2000 because I save the full mortgage payment plus an extra $2000 on taxes each month, completely legal
by voisin 3y ago
> My mortgage is -$2000 / month. That's right, negative $2000 because I save the full mortgage payment plus an extra $2000 on taxes each month, completely legally and above board.
Can you elaborate?
- slashdev 3y agoThere's no income tax on foreign source income here.
- s1artibartfast 3y agoCan you deduct foreign mortgage interest on your US taxes?
- unmole 3y agoYes. US and foreign mortgages are treated the same for tax purposes.