I purchased a travel trailer & got a loan secured by the trailer. It is used as a 2nd home. Doesn't qualify for a 1098. How do I deduct loan interest?

mmaeding · ‎June 4, 2019

It is financed by a bank and we have everything in the trailer that makes it a 2nd home.

MaryK1 · ‎June 4, 2019

You can indicate that "I did not receive a 1098" and proceed with the entry. Be sure the loan documents have a secured interest in the trailer and it is deductible as home mortgage interest.

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MaryK1 · ‎June 4, 2019

You can indicate that "I did not receive a 1098" and proceed with the entry. Be sure the loan documents have a secured interest in the trailer and it is deductible as home mortgage interest.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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I purchased a travel trailer & got a loan secured by the trailer. It is used as a 2nd home. Doesn't qualify for a 1098. How do I deduct loan interest?