About 95% of people are taking the standard deduction now. To claim personal interest and property tax, you would need to itemize. You are allowed to claim your primary home mortgage interest and the property tax on both your primary home and secondary home. Many people do live in the home as they renovate so I am not sure if it is a primary residence or secondary for you.
You can claim it as a personal residence and then convert it, if you were living there.
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