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I'm wondering what would happen if I buy a new primary residence and sell my old primary residence in the same calendar year if there is some overlap - ie. I buy the new residence before I sell the old one. In that case, can I deduct mortgage interest paid on both residences during that year ?

Or am I limited to deducting the interest paid during the months I actually lived in each residence ?

You can always deduct the mortgage interest on any two personal residences in a given year, subject to the other rules regarding deductibility of mortgage interest. There is no requirement that either of them be your primary residence.

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