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Buying a Second Home - Tax Tips for Homeowners - TurboTax - Intuit
In fact, unlike the mortgage interest rule, you can deduct property taxes paid on any . 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 Tax Benefits of Home Ownership | AllLaw.com
Home mortgage interest is deductible on your income taxes if you itemize. . They also want to buy a new car, take a family vacation, and pay for their oldest .
http://www.alllaw.com/articles/tax/article3.asp