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  • Buying a Second Home - Tax Tips for Homeowners - TurboTax - Intuit
    TurboTax shows you how mortgage interest, property taxes, rental income, and . as a second home—rather than renting it out—interest on the mortgage is deductible . If you limit personal use to 14 days or 10 percent, the vacation home is .
    http://turbotax.intuit.com/tax-tools/tax-tips/Home-Ownership/Buying-a-Second-Home/INF12015.html

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  • The Impact of Losing a Second-Home Mortgage Deduction ...
    Apr 19, 2012. mortgage interest deduction long available to owners of second homes. So, if you have been thinking of picking up a vacation or investment .
    http://www.mainstreet.com/article/real-estate/buying/impact-losing-second-home-mortgage-deduction

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  • Tax tip on the tax advantages of owning a vacation home.
    Feb 27, 2008 . For vacation home tax break, IRS insists you have fun. By Cora Barnhart • Bankrate.com. Many taxpayers know that home mortgage interest is .
    http://www.bankrate.com/brm/itax/Edit/tips/Stories/vacation_place.asp

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  • Is the mortgage interest on a vacation home deductable
    For you to take a home mortgage interest deduction, your debt must be secured by a qualified home. This means your main home or your second home. A home .
    http://wiki.answers.com/Q/Is_the_mortgage_interest_on_a_vacation_home_deductable

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  • Timeshares and Tax Deductions
    Interest paid on a loan to buy a timeshare week is often deductible. . a primary home, a vacation home, and a timeshare week, you may deduct interest . as security for the loan, just as the mortgage documents on your primary home loan do.
    http://www.redweek.com/resources/articles/timeshare-tax-deductions

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  • Publication 936, Home Mortgage Interest Deduction
    Aug 4, 2012 . Part II explains how your deduction for home mortgage interest may be . Residential Rental Property (Including Rental of Vacation Homes) .
    http://www.irs.gov/uac/Publication-936,-Home-Mortgage-Interest-Deduction-2

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  • What Romney Plan May Mean for Homeowners - SmartMoney.com
    Apr 16, 2012 . Scaling back or eliminating the mortgage interest deduction would hit some states harder than others: vacation homes are most popular in .
    http://blogs.smartmoney.com/advice/2012/04/16/what-romney-plan-would-mean-for-homeowners/

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  • Taxpayers May Claim Deductions for Vacation Homes
    Mortgage interest and property tax payments for your second or vacation home are generally tax-deductible. But, unless your third home is a rental property, .
    http://www.groco.com/readingroom/tax_vacationhomes.aspx

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  • The Home Mortgage Interest Deduction Limitation – Recent ...
    In general, interest is not deductible. But, a . Premiums paid for qualified mortgage insurance by a . residence and a vacation home that a taxpayer uses as a .
    http://www.calt.iastate.edu/briefs/CALT%20Legal%20Brief%20-%20The%20Home%20Mortgage%20Interest%20Deduction%20Limitation%20-%20Recent%20Developments.pdf

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Vacation Home Tax Deduction Tips | eHow.com
Depending on how you use your vacation home, you are eligible for tax benefits. You can generally deduct mortgage interest as well as property taxes on both .
http://www.ehow.com/way_5155152_vacation-home-tax-deduction-tips.html

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Mortgage Interest Deduction Definition | Investopedia
The mortgage interest deduction can also be taken on loans for second homes and vacation residences with certain limitations. The amount of deductible .
http://www.investopedia.com/terms/home-mortgage-interest.asp

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Taxation of Vacation Homes - The Tax Prophet
The homeowner designates a second residence in addition to their main home. Interest is deductible on the second .
http://www.taxprophet.com/archives/newsletters/0405nl.html

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