I understand the interest from my camper loan can be deducted, can the lot rental be deducted also?
No, it is limited to the home mortgage interest only. If you were in a co-op, you could report the portion of property tax you pay on the lot, but only as part owner, not with rent.
I understand the interest from my camper loan can be deducted, can the lot rental be deducted also?
No, it is limited to the home mortgage interest only. If you were in a co-op, you could report the portion of property tax you pay on the lot, but only as part owner, not with rent.
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