Home loan rebate aganist 2nd house

yes you can get tax benefits on your second home loan also. as far as notional rent is concerned any one of the house can be deemed to be let out, it is not necessary that it should be first house only. amount of notional rent shall be the amt. of rent that it will fetch if it was let out. you will also get std. deduction of 30% on such deemed let out property.