Is Home Loan benefit for more than 1 flat allowed?

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  1. Agarwal

    Agarwal New Member

    Dear sir ,

    I wish to buy 2 flats , and take 2 separate home loans for them .
    Will I get income tax benefit for both of them combined ?
    Also both these flats will be in joint names ( with my wife ) .
    I currently reside in a rented flat .
    Thank You .
     
  2. gaurav_kumar

    gaurav_kumar Well-Known Member

    Yes, you can claim benefit of home loan for both the houses.

    Both of you i.e. you as well as your wife can claim the benefit in the proportion in which they have taken the loan.
     
  3. Agarwal

    Agarwal New Member

    thank you sir .
     
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