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.
01854
1 Best answer
TurboTaxJeffrey
New Member
Oct 29, 2019 10:20:46 PM
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.
1 Replies
TurboTaxJeffrey
New Member
Oct 29, 2019 10:20:46 PM
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.