First, I am sorry for you loss, sounds like it was a rough time. The rule is that you have to have lived in the house 2 of the last 5 years. So even if you owne...
Yes, it is based on what is securing the loan (your primary home) and what the loan is being used for (rental property). It wouldn't matter if it was passive (a...
For all the receipts/documentation on the home improvements and donations - these are not sent in with the tax return itself but you are required to provide pro...
Unfortunately the interest won't be deductible. It was not used to buy, build or purchase the primary home so it can't be taken as a part of itemized deductions...
