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right1rev
New Member

Can I deduct other expenses on a second home other than taxes paid?

 
1 Reply
CherylW
Level 3

Can I deduct other expenses on a second home other than taxes paid?

This, from IRS' Publication 936:

Qualified Home

For you to take a home mortgage interest deduction, your debt must be secured by a qualified home. This means your main home or your second home. A home includes a house, condominium, cooperative, mobile home, house trailer, boat, or similar property that has sleeping, cooking, and toilet facilities.

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