My timeshare is a Points based timeshare that I can use at any of their properties
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Yes. The following are the rules for deducting mortgage interest on a timeshare property.
Yes. The following are the rules for deducting mortgage interest on a timeshare property.
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A timeshare can be considered a second home like an RV. Your primary and secondary home mortgage interest is deductible.
Qualified Home For you to take a home mortgage interest deduction, your debt must be secured by a qualified home. This means your main home or your second home. A home includes a house, condominium, cooperative, mobile home, house trailer, boat, or similar property that has sleeping, cooking, and toilet facilities
from About Publication 936, Home Mortgage Interest Deduction
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