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Question:   Is the mortgage interest and property tax on a second residence deductible?

Answer:   The mortgage interest on a second home which you use as a residence for some portion of the taxable year is generally deductible if the interest satisfies the same requirements for deductibility as interest on a primary residence. Read More ...

 

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Real Estate Fraud Investigations Increase

SOI Tax Stats - Partnership Statistics - Rental Real Estate Income - Partnerships with Rental Real Estate Income

 

Passive Activity Loss ATG - Exhibit 2.5: Real Estate Professional: Interview Half Personal Services Test

Real Estate Tax Center

 

Other Links to Real Estate Tax Helpful IRS Publications on Real Estate Tax
» Estate and Gift Taxes » Pub 504 - Home Mortgage Points
» Real Estate/Mortgage Fraud » Pub 505 - Interest Expense
» Real Estate Issues in Partnerships


 


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