Forum Discussion
Charlie_D_
Mar 25, 2020Explorer
Desert Captain wrote:
"You can deduct the mortgage interest as a second home."
Not necessarily... recent changes in the new tax laws have restricted if not eliminated this deduction entirely for most folks. Better check with your accountant/tax advisor.
:C
:) With the new tax laws it is getting harder to use deductions. Married filing jointly has a stand deduction of $27,000. You must have deductions greater than that to claim anything.
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