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- Tue Nov 07, 2023 9:39 am
- Forum: Canada / United States Tax & Accounting
- Topic: Taking out a mortgage on a Canadian investment property - when is the interest deductible in the US?
- Replies: 1
- Views: 7094
Re: Taking out a mortgage on a Canadian investment property - when is the interest deductible in the US?
The idea of selling US investments to make a lump sum payment on your US mortgage and then using a Canadian mortgage for investments is an interesting one. It might indeed make the interest deductible against investment income. However, tax laws can be tricky and can change, so it's crucial to consu...