My husband bought a second home and is living in it. Both homes are in Arizona. Can we claim both mortgage interest?

The 2nd home is in his name only and he's living in it. I live in the other home that is in both our names. How will this impact our tax filing for 2017?

posted

Nothing changes tax wise ... he could live on the moon and it would not make a difference... just file a joint return as always .... and yes, you can claim the mortgage interest on 2 homes if you itemize deductions.

When entering rental expenses like real estate taxes, homeowners insurance, mortgage interest etc, Do I have to prorate them for the duration the property was on rent?

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My husband bought a second home and is living in it. Both homes are in Arizona. Can we claim both mortgage interest?

My husband bought a second home and is living in it. Both homes are in Arizona. Can we claim both mortgage interest?

My husband bought a second home and is living in it. Both homes are in Arizona. Can we claim both mortgage interest?

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My husband bought a second home and is living in it. Both homes are in Arizona. Can we claim both mortgage interest?

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My husband bought a second home and is living in it. Both homes are in Arizona. Can we claim both mortgage interest?

My husband bought a second home and is living in it. Both homes are in Arizona. Can we claim both mortgage interest?

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