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Mortgage Community Forums | Loan Talk for First Time Home Buyers | Can we claim interest for loan pain before getting possession of house ?

Can we claim interest for loan pain before getting possession of house ?

Posted on: 07th Apr, 2010 03:07 am
We have take loan from march 2010 but will get possession of apartment in march 2011. Can we get
tax benefit on interest amount of the loan for year 2010-2011 ??
You can claim interest for the year in which it is paid.
jveenstra
Posted on: 07th Apr, 2010 10:16 am
well done, john
gmakerley
Posted on: 07th Apr, 2010 02:32 pm
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