Hi,
I recently purchased a residential property in New Jersey which I plan to use as my primary home, however, renovation work needs to happen before I move in and I don't foresee myself moving in before the end of 2022. I am currently residing in another home in NJ owned by somebody else. My question is:
1) Can I deduct the mortgage interest and property tax that I am paying as itemized deductions in my 2022 Federal or State (NJ) tax returns even though I am not physically living in the property yet?
Thank you
