You can deduct mortgage interest that you pay for on your main home and one second home, up to a combined mortgage balance of $750,000. If your mortgage balance is more than $750,000, the deductible part of your interest payment will be calculated on a proportional basis.
You can deduct property taxes that you pay on any property that you own within the US, up to a maximum of $10,000 for all state and local taxes.
In general, you can’t deduct HOA fees on your personal income taxes. However, if the HOA fee includes property taxes on jointly owned communal property, and you have an itemized statement to prove that, you can include that as a deductible property tax.
