For 2024, I would designate your current home as your second home and the home under construction as your main home. You are allowed to treat the home under con...
In my opinion, your boyfriend has an ownership interest, but the your son's home is not a qualified home for your boyfriend. If your boyfriend is helping with t...
In order to deduct mortgage interest, the mortgage must be secured by your qualified home and you have an ownership interest in that home. Being the cosigner on...
In general, if you sold your home at a loss, you can’t deduct this loss, but you don’t need to pay any tax on the money you received from selling your home. See...
Please explain what is telling you the points are not being deducted. Did you purchase your home in 2023 and are looking to deduct all points this year?