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 .
http://www.irs.gov/publications/p936/ar02.html
Owning real estate, what's tax deductible?
When Owning real estate, what's tax deductible? . Any first or second mortgage used to buy, build, or improve your home is considered to be home acquisition .
http://www.realestateabc.com/taxes/deductible2.htm
Link to this comment:
All Comments (0)
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 .
http://www.mainstreet.com/article/real-estate/buying/impact-losing-second-home-mortgage-deduction