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Financial Planning / Tax Strategies


Subject:  Deducting mortgage interest Date:  4/8/2005  4:56 PM
Author:  searay58 Number:  78438 of 132519

I have three mortgages. My primary home, a vacation home and the empty lot next to my vacation home. Can I deduct the interest on all three even though you can only deduct interest on two homes? Can the vacation home and the adjacent lot be considered all one property even though there are two separate mortgages?
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