https://www.taxtmi.com/forum/issue?id=107278 Issue: tax treatment of interest on a home purchase loan where part-payment was made to the builder and the finance company paid the builder directly. Construction completed after an extended period during which the financier received interest from the builder; purchaser paid interest on the loan after taking possession and now owns a second property. Query asks the amount and manner of claiming deduction for interest, considering pre-possession and post-possession interest and multiple-property ownership. en-us Thu, 04 Sep 2014 15:51:14 +0530 Thu, 23 Jan 2025 15:57:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=107278 Issue: tax treatment of interest on a home purchase loan where part-payment was made to the builder and the finance company paid the builder directly. Construction completed after an extended period during which the financier received interest from the builder; purchaser paid interest on the loan after taking possession and now owns a second property. Query asks the amount and manner of claiming deduction for interest, considering pre-possession and post-possession interest and multiple-property ownership. Discussion-Forum Income Tax Thu, 04 Sep 2014 15:51:14 +0530 https://www.taxtmi.com/forum/issue?id=107278