Do I not get to deduct interest paid on my Kubota tractors or on my RV?

 

Deductions & credits

Is either used in your business?

Deductions & credits

Only if used in a business.  Sorry only mortgage interest and some investment interest is deductible on Schedule A now.  Other interest like credit card and loans went out many many years ago.  Like in the 80s or 90s?  A RV might qualify as mortgage interest. 

Deductions & credits

if the RV isn't used in business for the interest to be deductible as home mortgage interest it must be a first or second home. if must have a functioning kitchen and bathroom and sleeping quarters. the bathroom must have toilet, sink and bathing facilities. the kitchen must have a stove and fridge. the RV must be security for the mortgage.