RogerW said:Is it true that you can deduct the interest paid on a camper or is this just an urban legend. I couldn't find it on the IRS website. I am thinking of upgrading and that is a good sales point for my wife...lol
Thanks, Roger
RogerW said:Is it true that you can deduct the interest paid on a camper or is this just an urban legend. I couldn't find it on the IRS website. I am thinking of upgrading and that is a good sales point for my wife...lol
Thanks, Roger
Carl Lundquist said:Remember free tax advice from amateurs is like free medical advice from amateurs -- worth every dollar you spend on it.? Ask a real accountant or an enrolled agent to be really sure.
Carl Lundquist said:Finally, someone that knows what she is talking about!
How did that happen here? ;D
John In Detroit said:Well Carl... As you know... Accidents happen.
And to Wendy.? Thanks, it's nice to hear from a genuine professional in the field
I was told by a salesman (yes, I know they'll tell me anything Smiley that, with a 5th wheel, I can deduct interest not only on the 5th wheel, but also on the tow vehicle. Is that true?
I was told by a salesman (yes, I know they'll tell me anything that, with a 5th wheel, I can deduct interest not only on the 5th wheel, but also on the tow vehicle. Is that true?
GaryB said:I knew I was living dangerously by adding the word "saleman" to my last question? ? I carefully considered to not include it, but then decided to ask and then duck.?
Thanks RVRoamer for the type of response that is actually useful.
IRS allows deduction of interest on a primary or vacation home which a tow vehicle is definitely not.