my condo is vacant and for sale. i live elsewhere. can i still deduct interest

  1. profile image47
    ltwinseposted 7 years ago

    my condo is vacant and for sale.  i live elsewhere.  can i still deduct interest on mortgage

    property is in new jersey

  2. Mark C Middleton profile image63
    Mark C Middletonposted 7 years ago

    Yes - deduct interest and real estate taxes as an itemized deduction on Schedule A.  You can deduct interest for your primary residence and one additional personal residence.

  3. profile image48
    jackdohsonposted 5 years ago

    In my opinion you should visit the New Condo company in Singapore for more information regarding mortgage.

 
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