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?=============as long as old house was principal residence i say he can deduct all three in the year of the move.If he cannot sell old house in the following year -- could have a problem since it would not qualify as his principal residence.pete
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra