first home has two mortgages,if you buy a second home can you claim it on you income tax?Can you claim a second home on your taxes if you have two mortgages on the first home?
Yes you can. It's the number of HOMES that is limited to two, not the number of mortgages.Can you claim a second home on your taxes if you have two mortgages on the first home?
the interest you pay on both homes is tax deductible
Yes
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