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Buying a Second Home - Tax Tips for Homeowners - TurboTax - Intuit
You can deduct property taxes on your second home, too. In fact, unlike the mortgage interest rule, you can deduct property taxes paid on any number of homes .

Best Tax Deductions On Chopping Block? - Forbes
May 4, 2012. tax deductions like home mortgage interest, charitable contributions, . from $1.1M to $500k for a primary residence, not a second home.

Publication 936 (2011), Home Mortgage Interest Deduction
The loan may be a mortgage to buy your home, a second mortgage, a line of credit . deduction for mortgage interest and real estate taxes on your main home if .


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The Tax Benefits of Home Ownership | AllLaw.com
Home mortgage interest is deductible on your income taxes if you itemize. . of home mortgage debt, whether it is used to purchase a first or a second home.

Romney's Mortgage-Tax Plan Is a Drop in the Bucket - Bloomberg
Apr 16, 2012 . After all, the mortgage-interest deduction is the second-largest tax expenditure and . Obviously, most people who own a second home would, .

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The Impact of Losing a Second-Home Mortgage Deduction ...
Apr 19, 2012 . Although the idea of eliminating tax deductions on a second mortgage are floating around, the impact of the plan likely is less severe than you .

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    1. Romney Would Cut Tax Deductions for the 1 Percent. The Latest ...
      Apr 16, 2012 . Romney said he'd kill or put limits on the mortgage interest tax deduction for second homes and would likely place restrictions on property and .

      Mitt Romney's tax musings suggest he wants the rich to pay more ...
      Apr 16, 2012 . Mitt Romney's tax musings suggest he wants the rich to pay more. . people the second-home mortgage deduction," Romney said, adding that .

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