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Investors & landlords
You will report the income under an IRS Schedule C Profit and Loss from Business, so you will select Self-employment income and expenses under Wages & Income.
You will report the motor home as a Vehicle but the key issue is the weight of the vehicle. There are several options under Select the type of vehicle and they are based upon weight.
See examples here.
After you know what weight category the Vehicle fits in, then you find out what depreciation options that you will have.
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‎February 28, 2024
7:58 AM
8,403 Views