Foreign housing exclusion

[Mark Goldberg]

My client qualifies for the foreign income exclusion. He owned his home in the foreign country. Can he claim both Schedule A deductions for taxes and interest and the foreign housing exclusion on Form 2555 or is the housing exclusion just for renters?
Also on page 14-10 of TTB at the bottom of the right hand column see Housing Deduction.
What does this mean? I can't get past the double negative.

[Bees Knees]

The taxpayer cannot be self-employed. That means it is employer provided funds that can either be excluded from income, or deducted. You can't take a deduction for expenses paid with pre-tax dollars (amounts excluded from income), and you can't take a double deduction for the same expense. So if the home is owned and you want to take a deduction for interest and taxes, it is either a Schedule A itemized deduction, or it is a deduction calculated on Form 2555, not both.