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Updated almost 7 years ago on . Most recent reply
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Tax deduction on second property texas
Hello all
This is the follow up of my earlier question about tax deduction on investment property
In case, if i purchase property as second home. Then can i claim
1) property depreciation (27.5 total life) per year
2) property tax deduction if first home property tax is 9000 and this second home taxes are close to 6000. Is there a cap
3) maintenence and repair cost for tax deduction
4) mortgage insurance, pmi, mortgage interest
Regards
Suhaib