turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I bought a vacant land to build a future residence. I have primary residence now. Can i deduct mortgage interest paid on vacant land?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

I bought a vacant land to build a future residence. I have primary residence now. Can i deduct mortgage interest paid on vacant land?

I bought a vacant land to build a future residence. I have primary residence now. Can i deduct mortgage interest paid on vacant land?

To enter, edit or delete Property Taxes -
Click on Federal Taxes
Click on Deductions and Credits
Click on I'll choose what I work on (if shown)
Under Your Home
If paid through your lender
On Mortgage Interest, Refinancing, and Insurance, click on the start or update button
If paid directly
On Property Taxes, click on the start or update button


Or enter property tax in the Search box located in the upper right of the program screen. Click on Jump to property tax

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question