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The deduction for mortgage interest on your personal residence (s) is limited to how many homes?...

The deduction for mortgage interest on your personal residence (s) is limited to how many homes?

A. 1

B. Any 2 homes

C. Any 3 homes

D. A principal residence and any 1 other home

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Answer #1

Answer:

Option (B) Any 2 homes

Explanation:

The deduction in also limited to interest you paid on your main home and / or a second home. Interest paid on third or fourth homes isn't deductible. That hasn't changed.

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