AGI=Adjusted Gross Income

来源: lotus99 于 2004-09-26 20:30:25 [] [旧帖] [给我悄悄话] 本文已被阅读： 次 (331 bytes)
回答: sorry, if your AGI>$139K 由 lotus99 于 2004-09-26 11:31:19
the loan is not from Chinese bank. actually someone can borrow from US bank, for example an equity loan, then use the proceed to buy real estate in China or elesewhere. equity loan interest can be deducted as itemized deduction under certain conditions: up to $100K loan, and AGI<$139K (otherwise start to face out the deduction).

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• 谢谢，受益非浅。三人行必有我师。 -海外存知彼- ♀ 给 海外存知彼 发送悄悄话 (0 bytes) () 09/26/2004 postreply 21:06:06

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