Can I claim deductions on a home I no longer live in?

I have a house that has my name on the mortgage and deed. I recently moved away from that house (located in PA) and now currently reside in NY.
Currently, my parents live there and help maintain the house and pay part of the mortgage. Would this qualify as a second home and can I still claim the deductions on my income tax? I assume this would be classified as personal use and not a rental, but I'm not sure. I currently do not reside there at all, although I visit from time to time. Also, if I am eligible to take out a deduction, am I obligated to pay Pennsylvania income tax as well as local taxes?

Real Estate, Income Tax, Tax Deductions / Credits
Sort By:
Most Helpful
May 2017
100% of people found this answer helpful

If you are living in New York then presumably you are voting in New York, you file taxes as a New York resident, and otherwise have all of the qualities of a full-time New York resident.  In that case, your primary home is your New York address and your second home is your house in Pennsylvania where your parents live.  On Schedule A, you can fully deduct your real estate taxes and your mortgage interest as long as you are actually paying all of those taxes and you are paying all of the mortgage interest.  If someone else is paying part of the taxes and/or interest, then they can deduct their share and you can deduct yours, as long as the combined deductions don't exceed the total actual real-estate taxes and mortgage interest.  Second homes are as fully deductible as first homes.

You don't have to pay taxes in Pennsylvania because you are not a Pennsylvania resident and you have no income from that state.  On your 1040 and your New York form you must declare everything you earn worldwide including your Pennsylvania-related income (if any) and expenses.  If you are charging your parents rent to live in your house then you must declare the rent as income and pay both federal and Pennsylvania taxes on it after first subtracting expenses connected with the rental.

May 2017