A Second Primary Residence: Buying

Must be occupied for the majority of the year.

They know specific market risks (e.g., flood zones). Managing Two Homes Security: Install smart cameras and remote-access locks. buying a second primary residence

Check local HOA rules on short-term rentals. Must be occupied for the majority of the year

Usually deductible up to a $10,000 total limit (SALT). buying a second primary residence

📍 The IRS generally allows you to deduct mortgage interest on up to $750,000 of total debt across both homes.