Mortgage interest for up to two residences is deductible on Federal Schedule A. If you have a third home, the interest might be deductible as business or investment interest, depending upon the use of the proceeds, which we'll discuss later. A loan that is used to buy, improve or construct a first or second home...Read More The post Itemized Deductions Series - Part 4: Deducting Mortgage Interest & Investment Interest appeared first on Dent Moses, LLP.