LindaS5247
Expert Alumni

Deductions & credits

The interest you pay on a mortgage on a home other than your main or second home is considered personal interest and isn't deductible. It would only be deductible if your original home was used for business or investment purposes.


You may deduct mortgage interest on your main home and one second home. A second home is a property you own and occupy for part of the year, in addition to your primary residence, often used for vacations or leisure, but not primarily for rental income.

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