if the home is paid off, the only deductible item would be real estate taxes paid. if you could be more specific about what you mean, maybe a different answer would be in order. you can not just expense the second hone because there is no mortgage
tchrgolf
Returning Member
Mar 21, 2020 3:00:14 PM
house was sold at auction by the local government due to RE tax being in arrears. No mortgage on the property
ColeenD3
Expert Alumni
Mar 21, 2020 3:14:22 PM
No, you can't take a loss on personal use property.