RV Loan Interest Deductable?

Cyclonic · December 2015

This discussion was created from comments split from: which model to buy? wet bath vs porta potty.

Photomom · December 2015

This may or may not still be true, but I believe that at one time interest on an RV loan was deductible, as long as the RV had a kitchen and bathroom. It was considered a "second home." Does anyone know if this is still the case?

Nomad · December 2015

Think it's still the case - Pretty sure any way.

Photomom · December 2015

You should definitely check with your tax advisor about this! But this may be of interest: https://www.irs.gov/taxtopics/tc505.html

Mr_Mrs_Gnome · December 2015

Talked with my tax guy and the qualifiers are, sleeping area, kitchen and bathroom. Found this too: https://ttlc.intuit.com/questions/2174952-can-i-claim-interest-on-my-rv-camper
Also asked about tax credit for solar. Only on primary residence.

John_and_Kris · December 2015

We are still deducting interest per our accountant

kybob · December 2015

I thought I read somewhere in the tax code that the sleeping area and the dining area had to be separate.

RV Loan Interest Deductable?

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