If the loan is not a secured debt on your home, it is considered a personal loan, and the interest you pay usually isn't deductible. Your home mortgage must be secured by your main home or a second home. You can't deduct interest on a mortgage for a third home, a fourth home, etc.VERVIEW. If you're a homeowner, you probably qualify for a deduction on your home mortgage interest. The tax deduction also applies if you pay interest on a condominium, cooperative, mobile home, boat or recreational vehicle used as a residence.
A gas heating system is less expensive to operate than an electric unit. Natural gas is a cheaper form of energy than electricity and over the past few years, the cost of natural gas has actually decreased. However, a gas-powered unit will require a larger initial investment than an electric unit.Gas heating systems generally heat the home faster than electric units.atural gas is a cheaper form of energy than electricity and over the past few years, the cost of natural gas has actually decreased. However, a gas-powered unit will require a larger initial investment than an electric unit. Gas heating systems generally heat the home faster than electric units.
Available in the same configurations, and utilizing the same components as split systems, packaged units also offer a variety of efficiency options. Unlike split systems, in a packaged system, most components are in one cabinet.ACKAGED GAS ELECTRIC. A packaged gas electric unit offers you electric air conditioning and gas heating. In warm weather, it's an all-electric high-efficiency air conditioner. In cold weather, it provides warmth from natural gas or propane, giving you the best of both energy worlds.