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Old 02-04-09   #1
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Default For how many housing loans i can claim tax benefit during my entire life ?

Hi,

I had a few question about housing loan

For how many housing loans i can claim tax benefit during my entire life ?.

I presently have one housing loan which is of a very small amount(6lack), i plan to close the loan in another 3 or 4 months.

after that i plan to take one more second housing loan.can i claim tax benefit for the second new house.even this loan would be of very small amount. i should be able to close even this loan after a couple of years.

after closing this second new loan, can i take a new third housing loan and claim tax benefit again for the third loan which i might take ?


Regards
Ravi
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