tag:blogger.com,1999:blog-4245052121812075005.post3284579513352101782..comments2024-03-15T22:41:05.438+05:30Comments on Elevate Your Life: Reduce your tax burden by owning a second houseManoj Arorahttp://www.blogger.com/profile/11719758821840275239noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-4245052121812075005.post-4655941800461739982016-08-10T16:11:34.168+05:302016-08-10T16:11:34.168+05:30Read your post its really informative and helpful....Read your post its really informative and helpful. Keep Updating with newer post on <a href="https://www.hdfc.com/non-housing-loans/loan-against-property-salaried" rel="nofollow">house loan interest</a>Anonymoushttps://www.blogger.com/profile/07875203279258036603noreply@blogger.comtag:blogger.com,1999:blog-4245052121812075005.post-55865302312723902542013-03-30T20:44:21.178+05:302013-03-30T20:44:21.178+05:30Hi Salaamreaders,The assumption when i say 2 house...Hi Salaamreaders,<br><br>The assumption when i say 2 houses is that you "own" two houses, one is shown as self occupied and the other one is shown as rented. If you are showing both the houses as rented, then where are you putting up? If you are staying in a 3rd house where you are paying the rent, then you can claim HRA on the 3rd house, even if it is "owned" by your parents.Manoj Arorahttp://www.blogger.com/profile/11719758821840275239noreply@blogger.comtag:blogger.com,1999:blog-4245052121812075005.post-77463523696216263632013-03-30T18:37:24.429+05:302013-03-30T18:37:24.429+05:30HiI am a little confused. You have stated that inc...Hi<br>I am a little confused. You have stated that income from rent of the house (treated as self occupied)will be treated as nil and is non taxable. I have two houses and both are rented. Income from rent of both is added to my income and taxed. Off course I get interest+ principal tax benefit on one and for interest on the other.My return is prepared by a professional. Has he not been advising salaamreadershttp://salaamreaders.wordpress.com/noreply@blogger.comtag:blogger.com,1999:blog-4245052121812075005.post-34986252524528903562013-03-02T21:38:42.110+05:302013-03-02T21:38:42.110+05:30nice articlenice articleGaurav Malhotrahttp://www.blogger.com/profile/18287765958834475456noreply@blogger.com