I bought a second home in 2016 and turned my previous home into a second home. How do I enter the taxes and interest?

[glensimmons83]

I closed on my new primary home on April 19th, 2016. I kept my old home as a second home. The houses are in the same zip code. I assume I can claim my interest on the previous home from JAN 1 through APR 18, then interest and points from APR 19 through DEC 31 for the new home. Also, I assume that I prorate the taxes for the old home and use all that I paid for the new home in 2016. Please confirm or correct this part.

Also, can I claim the taxes and interest on my new second home (old primary residence)?

[MinhT · Accepted solution]

You can claim all mortgage interest on both the primary AND second home. You can also claim points on your mortgage taken out in April 2016.

Also, you can claim property taxes paid on all your properties.