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If i give myself a mortgage overseas under a corporation, can i buy a house in Canada?

Apr 14, 2008 by River | Posted in Canada

Assuming the country i have my money in has no treaty with Canada and can i deduct the interest?
I am also a resident of Canada

You can buy a house whether u got the money from your overseas corporation, bank account, or from a foerign or cdn bank.

However, before u can deduct the mortgage interest in canada, the mortgage property (your house) has to be used to

T E | Apr 14, 2008

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