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rebate on owned Rented out house
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02-15-2009, 01:45 AM
jainak
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Join Date: Feb 2009
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rebate on owned Rented out house
I have availed tax rebate on my house and repaid the comleted loan amount. Now I have purchased another house on loan and rent that out. Could I get tax rebate for the the current loan?
Anuj K. Jain
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02-15-2009, 10:37 AM
TaxGuru
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No, a taxpayer can only claim the First Time HomeBuyer Rebate only once!
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