Can i rent out my house which still has mortgage and purchase another home?
Friday, June 26th, 2009
mshuski asked:
I rent my home and buy a new home. When the market gets better I plan on selling it. He still has a mortgage. Can I get a second mortgage TAN? I have some debt but plan to pay off completely. The house that I want to buy cheaper. Do you also can deduct property tax and interest on both mortgages?
Yvonne
I rent my home and buy a new home. When the market gets better I plan on selling it. He still has a mortgage. Can I get a second mortgage TAN? I have some debt but plan to pay off completely. The house that I want to buy cheaper. Do you also can deduct property tax and interest on both mortgages?
Yvonne