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Can we claim a second home mortage interest?
We bought a second home and will not be renting it out. Can I claim the mortgage interest paid? I viewed the video on Tax Breaks and Home Ownership and am confused if this is for first home owners or second home owners. Can you please clarify.
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Can we claim a second home mortage interest?
As you are not using the home for income purposes, you are not able to claim any expenses associated with the home, including mortgage interest.
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Can we claim a second home mortage interest?
As you are not using the home for income purposes, you are not able to claim any expenses associated with the home, including mortgage interest.