I claimed mortgage interest from form 1098. I took the lone out on my home to build a cottage up north. Is this legal?

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Yes, you can deduct a mortgage on a 2nd home as long as ii has a place to sleep and a bathroom.

The loan ca be secured by main home or the cottage.

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Yes, you can deduct a mortgage on a 2nd home as long as ii has a place to sleep and a bathroom.

The loan ca be secured by main home or the cottage.

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