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Returning Member
posted Apr 2, 2022 8:56:37 AM

2nd home

We own a 2nd home that our son/family live in. We have mortgage on property. We make too much money to use home as rental (Sch E). How many days/nights do we need to live in home to claim as 2nd home and deduct mortgage interest and property taxes?  How do we document that?

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1 Replies
Expert Alumni
Apr 2, 2022 9:04:15 AM

No, you do not have to live in the home to claim mortgage interest and property taxes on Schedule A.