Yes, you can deduct the interest and taxes paid on both homes.
A home purchase isn't directly entered in TurboTax, but the interest/taxes/points paid/mortgage insurance premiums are entered in the Your Home section and are deductible if you itemize your deductions.
Enter the 1098 forms for both homes if you received them. If you didn't receive a 1098 form but paid interest, enter it in the section as if you did receive it. Report the interest in Box 1 of the form.
Also look to your closing statements to deduct any interim interest/taxes paid when you closed on the home. Do not deduct escrow amounts, however.
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