Are taxes on second homes deductible?

Mortgage interest and property taxes are generally deductible on a second home if you itemize your Federal Income Tax return. Check with your accountant or tax advisor for specifics. You may also want to investigate whether your Jupiter Florida home qualifies for a homestead exemption on real property taxes.  If you want more information on the homestead exemption for your Jupiter Florida real estate, call me at 561-632-7373 or send me an email.

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