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2. Are Property Taxes Deductible? - AOL

   www.aol.com/property-taxes-deductible-224345757.html

   Property tax deductions on rental properties do not fall under the SALT cap. If you own a primary and second home, you can only deduct up to $10,000 even if you paid $6,000 in property taxes on a ...

3. Property Taxes: How To Avoid the IRS Coming After Your Second ...

   www.aol.com/property-taxes-avoid-irs-coming...

   If it’s a residential home, you can deduct mortgage interest as long as the second home is the one that secures the loan. You can also deduct state and local property taxes — up to $10,000 ...

4. 8 Federal Income Tax Breaks That Can Save You Money As a ...

   www.aol.com/9-federal-income-tax-breaks...

   Real Estate Property Tax Deduction. ... Gain from the sale of investment real estate (including gain from the sale of a second home that is not a primary residence) are excluded from this tax.

5. Property tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Property_tax_in_the_United...

   In the absence of urban planning policies, property tax on real estate changes the incentives for developing land, which in turn affects land use patterns. One of the main concerns is whether or not it encourages urban sprawl. The market value of undeveloped real estate reflects a property's current use as well as its development potential. As ...

6. Home mortgage interest deduction - Wikipedia

   en.wikipedia.org/wiki/Home_mortgage_interest...

   Second, the deduction is limited to interest on debts secured by a principal residence or a second home. Third, interest is deductible on only the first $1 million of debt used for acquiring, constructing, or substantially improving the residence, ($500,000 if filing separately) or the first $100,000 of home equity debt regardless of the ...

7. Tax breaks after 50 you might not know about - AOL

   www.aol.com/finance/tax-breaks-after-50-you...

   You might even get a tax break on your second home. Even states that are known for relatively high taxes like New York State will reduce your property tax by as much as 50% if you’re over 65 ...

8. What Are Itemized Deductions and How Do They Work? - AOL

   www.aol.com/itemized-deductions-010031837.html

   Home equity loan interest can be deducted as long as it meets the criteria for mortgage loan interest, and the proceeds of the loan were used to build, buy or renovate a primary or second home. If ...

9. Homestead exemption in Florida - Wikipedia

   en.wikipedia.org/wiki/Homestead_exemption_in_Florida

   Florida property tax homestead exemption reduces the value of a home for assessment of property taxes by $50,000, so a home that was actually worth $100,000 would be taxed as though it was worth only $50,000. However, the second $25,000 of homestead coverage does not apply to the school portion of property taxes, and only applies to the third ...