Buying loan in my wife's name while i take loan
This query is : Resolved
07 June 2019
I'm a married male person. My wife is not working. I'm going to buy home with loan. It seems it is possible to register it in my wife's name while I take 100% loan. In such a case, can I get tax benefit on home loan interest?
07 June 2019
if you buy the house in BOTH names and loan in your name, then you can get the benefits of interest on housing loan
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07 June 2019
Thanks Amol. If I register the house in both of us, can I get all the tax benefit that I would get if I register in my name alone? Or I get only 50% of the tax benefit?
07 June 2019
both names, full benefits if the loan is in your name
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