Tax question: Buying a RV

[ARCHIVED THREAD] - Tax question: Buying a RV

Posted: 2/20/2006 4:03:12 PM EDT

Atleast thinking about one. It will be a 5th wheel, and my questino is this:

Is the purchase price and or the interest on the loan tax deductable? Is this considered a second home?

Thanks

John

Posted: 2/20/2006 4:06:14 PM EDT

[#1]

If it has a place to poop, a place to sleep, and a range top to cook on, yes, the loan interest is tax-deductible, as it qualifies as a second home.

I take the deduction on a boat loan.

Posted: 2/20/2006 4:15:26 PM EDT

[#2]

Quoted:
If it has a place to poop, a place to sleep, and a range top to cook on, yes, the loan interest is tax-deductible, as it qualifies as a second home.

I take the deduction on a boat loan.

+1

has to meet the above criteria

[ARCHIVED THREAD] - Tax question: Buying a RV

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