turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
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.

lamar2562
New Member

Can i write off my 2nd home?

the home is paid off
Connect with an expert
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.

3 Replies
Anonymous
Not applicable

Can i write off my 2nd home?

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

Can i write off my 2nd home?

house was sold at auction by the local government due to RE tax being in arrears. No mortgage on the property

ColeenD3
Expert Alumni

Can i write off my 2nd home?

No, you can't take a loss on personal use property.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies