[net.invest] id AA17064; Fri, 24 Feb 84 08:51:59

johnl@haddock.UUCP (03/01/84)

#R:decwrl:-579800:haddock:11900002:000:454
haddock!johnl    Feb 29 11:30:00 1984

If you rent out your house, that's income, and the mortgage interest
can be applied against it.  For that matter, if you really don't live
in the house, you can treat it as an investment property and deduct
repairs, heat, etc.

But if you're moving overseas, it probably pays to talk to somebody who
knows about foreign tax rules.  The rules are strange, and the way that
the IRS and tax court interprets them are stranger still.

John Levine, ima!johnl