Friends and fans are hurting over the loss of Prince, but his family is heartbroken.. His second ex-wife, Manuela Testolini, is opening up about their relationship. Despite the fact that their marriage didn't last, Prince and Manuela remained very close friends who always kept in touch. Prince and I had a magical journey together and I loved him immensely. The world knew him as a musical genius - I knew him as a husband, friend and fierce philanthropist, Testolini, founder of In a Perfect World Foundation, tells E! News in a statement.
Even if you rent it out for $10,000 a night, you don't have to report the rental income as long as the home was not rented out for more than 14 days. The house is still considered a personal residence, so you can deduct mortgage interest and property taxes under the standard second-home rules. 2. You rent out the property for 15 days or more, and use it for less than 14 days or 10% of days the home was rented.
You should be able to get this information from your lender. For example, a homeowner who paid $1,500 in points on a 30-year second mortgage (360 monthly payments) could deduct $4.17 per payment, or a total of $50 for 12 payments, for each tax year of the loan.