Solved: Can we claim a second home mortage interest?

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
EnglishEN

Pick a language

Français English
cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
New Member

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.

1 Best answer

Accepted Solutions
Highlighted
New Member

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.

View solution in original post

1 Reply
Highlighted
New Member

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.

View solution in original post

v