My wife and I purchased a second home. Can our 2 sons, who are not our dependents, live there rent free without any tax consequences to us?

vorpahljd · ‎June 4, 2019

Hal_Al · ‎June 4, 2019

Yes. You simply have a 2nd home that you are letting family members use. You may deduct the mortgage interest and real estate taxes.

Investors & landlords