Tag Archives : interest deduction on your second home

Is There A Mortgage Interest Deduction On Second Home?

Is There A Mortgage Interest Deduction On Second Home?

There can be a possibility of the deduction of mortgage on your second home if you have already issued a mortgage. This is because in that case it becomes difficult for one to repay back the mortgage amount as a person might get into financial crisis and might find difficult to pay off the interest on both the mortgages as the interest rates might kill you and put you in to debts.

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