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Subject:  Re: Tax deduction on 3 "homes" Date:  2/13/2002  4:11 PM
Author:  irasmilo Number:  58925 of 123001

I have a friend who just moved into a new house last october, still hasn't sold their old house, and has a timeshare. They received morgage interest forms from all 3. I thought you could only have 2 deductions, unless you have rentals. Can he deduct all 3?