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Get your taxes done using TurboTax
Thank you so much for your response. Super helpful. Got a follow-up question. There are questions related to the type of property. It's not my primary, but is it considered a 2nd home for 2022? It says the IRS allows me to deduct the mortgage interest on a primary and a second home. I assume at this point the future rental is not considered a rental and is considered a second home. Which will be converted into a rental in 2023.
‎February 15, 2023
9:23 AM