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The IRS allows you to depreciate an RV over five years. You can also use the section 179 deduction.
For more information about depreciating your RV, click the link below:
http://www.irs.gov/publications/p946/ix01.htmlIn order to set up as a business asset, while logged in and working on your return:
I have a new RV that I have been renting out on RVShare. I selected the Section 179 depreciation method and selected 7 years but turbotax also put a 7 year depreciation in the MACRS section. Is that possible or do I need to go delete one?
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