Can I take off mortgage interest on an uninhabited house i.e. For Sale?
House A was paid for and I took out a second mortgage to give a hand in the purchase of House B. I now live surrounded by house B (with it's own mortgage interest that I can write off). House A remains empty and unsold. Can I also write off the interest on House A?
Answers:
Yes you may.
. . . .as second home. . . . as investment property. . . . . Source(s): excise pro
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What option do i own beside a 50k 2nd mortgage pay packet it past its sell-by date?
i have a 300k 1st mortage at 5.75% and a 2nd at 50k at 9%. what options do ihave to knock my donation lower?i pay 458 a month on the 50k loan. and in 15years it...
Answers:
Yes you may.
. . . .as second home. . . . as investment property. . . . . Source(s): excise pro
Related Questions:
What option do i own beside a 50k 2nd mortgage pay packet it past its sell-by date?
i have a 300k 1st mortage at 5.75% and a 2nd at 50k at 9%. what options do ihave to knock my donation lower?i pay 458 a month on the 50k loan. and in 15years it...