Hey All,
I'm on work permit here in Canada and I recently purchased a house in India on a home loan .
So my question is :
1) Do I need to declare that I have a home loan or a property on my name outside Canada?
2) How can I save on Taxes in Canada ( as I have a EMI every month for my India Property ) .
Apologies If my query seem a silly one , new to this whole abroad tax thing
I'm on work permit here in Canada and I recently purchased a house in India on a home loan .
So my question is :
1) Do I need to declare that I have a home loan or a property on my name outside Canada?
2) How can I save on Taxes in Canada ( as I have a EMI every month for my India Property ) .
Apologies If my query seem a silly one , new to this whole abroad tax thing