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Posted by ugorur on May 1, 2007, 7:12 pm
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I paid off my home (single family residence) in California
in 2003. I rented out my CA home and relocated to India in
2005. I took a mortgage on my CA home in 2006 to buy a home
in India. Is my mortgage interest on CA home deductible as a
rental property expense on the US federal returns?
Thanks.
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