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Mortgage on primary home to buy second home, can i deduct taxes?

Question by Sylvia: Mortgage on primary home to buy second home, can i deduct taxes?
my friend’s primary home mortgage is paid off. she want to take a mortgage on the primary home in order to buy a second/vacation home. Can he deduct the taxes?

Best answer:

Answer by Cory C
your best answer would be to contact either the IRS directly or a tax preparer in your area. Tax issues are not something you want to get an unauthorized opinion on.

What do you think? Answer below!

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