Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Feb 2, 2021 12:43:43 PM

I reside in NJ and rent my home but have a second home in NY that has a mortgage Is the interest and tax on the 2nd home deductible?

0 1 479
1 Replies
Expert Alumni
Feb 2, 2021 12:56:28 PM

Yes. You can deduct them both. 

 

Taxpayers can deduct the mortgage interest paid on up to two different homes and property taxes for an unlimited number of properties.