I own three flats, one of which I occupy myself. The other two are empty. All three have been bought with home loans which are still being repaid. Can I give out the other two flats on rent, and still claim tax benefits on the home loan interest payments?
Answered on November 08, 2017
Yes, you can give the two flats on rent and claim deduction in respect of interest paid in respect of the home loans on the two flats in your return of income.
