Can I use mortgage interest of my current home where I'm living for tax deduction of my second rental home for which I don't have mortgage?

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Can I use mortgage interest of my current home where I'm living for tax deduction of my second rental home for which I don't have mortgage?

No. One is your primary home and is entered on Schedule A. The other is business property. They are separate entities. You can't deduct a personal expense as if it were a business expense.

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Can I use mortgage interest of my current home where I'm living for tax deduction of my second rental home for which I don't have mortgage?

Can I use mortgage interest of my current home where I'm living for tax deduction of my second rental home for which I don't have mortgage?

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