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mortgage tax deduction secondary residence

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Owning real estate, what's tax deductible?
A homeowner can deduct points used to obtain a mortgage when buying a home, . The first condition is that your primary residence or a second home must be .

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Buying a Second Home - Tax Tips for Homeowners - TurboTax - Intuit
You can deduct property taxes on your second home, too. In fact, unlike the mortgage interest rule, you can deduct property taxes paid on any number of homes .

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Multiple Property Tax Deduction |
Multiple Property Tax Deduction. by Michael Evans, Demand Media. You can deduct mortgage interest on your primary residence and second home.

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Best Tax Deductions On Chopping Block? - Forbes
May 4, 2012 . Given the debt limit and deficit, it's likely taxes will go up, [. . “probably eliminate for high-income people the second-home mortgage deduction.

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Home Mortgage Interest Deduction - Claiming ... - About Taxes
The mortgage must be secured by a "qualified home" in order for the interest to be tax-deductible. A qualified home is your main home or your second home.

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Despite Critics, Mortgage Interest Deduction Persists -
Nov 8, 2011 . The mortgage interest deduction survived the overhaul of the tax code in . and prohibit people from deducting the interest on a second home.

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Obama Tax Return Claims Mortgage Deduction That Most Helps ...
Apr 13, 2012 . While most of the beneficiaries of the mortgage deduction are middle-class . I see NO reason any second home should yield a tax deduction.


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Who loses if second home mortgages are no longer deductible ...
Oct 25, 2011 . The proposed elimination of the mortgage-interest tax deduction for second . for the deduction to be used to promote second home ownership.

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