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February 2, 2021
Question

I reside in NJ and rent my home but have a second home in NY that has a mortgage Is the interest and tax on the 2nd home deductible?

  • February 2, 2021
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1 reply

ColeenD3
February 2, 2021

Yes. You can deduct them both. 

 

Taxpayers can deduct the mortgage interest paid on up to two different homes and property taxes for an unlimited number of properties.