View Single Post
  #4  
Old 12.08.2012, 20:17
Snoopy Snoopy is offline
Forum Legend
 
Join Date: Jun 2007
Location: Ticino
Posts: 3,021
Groaned at 93 Times in 65 Posts
Thanked 3,956 Times in 1,573 Posts
Snoopy has a reputation beyond reputeSnoopy has a reputation beyond reputeSnoopy has a reputation beyond reputeSnoopy has a reputation beyond reputeSnoopy has a reputation beyond reputeSnoopy has a reputation beyond repute
Re: Tax Deduction for rental property overseas

Quote:
View Post
Before moving to Switzerland, I was living in a rented place which I have decided to keep it. I have the rental lease papers with me but don't know how to proceed.. Do I have to get the last few bills as well or is the lease papers enough?
If you have a reason to keep it (ie you have a wife and children that are staying behind and you are commuting at weekends for example) then you may be able to deduct some of the costs of maintaining a second household and some of the travel between the two. To what extent you will be able to deduct it will probably be a matter of negotiation between you and the tax authorities.

If you are just keeping the apartment on a whim, then I think you are probably sol...(in other words, out of luck...).
Reply With Quote
The following 3 users would like to thank Snoopy for this useful post: