topic Do I report money received when I sell my personal use motorhome? in After you file

Do I report money received when I sell my personal use motorhome?

rcorley1 — Mon, 09 Mar 2026 05:40:25 GMT

I purchased my rv for 50,000 September 2015. An rv dealer wants to buy it from me and pay me 60,000.00 cash for it. We still owe 8,450 on the loan for it. Will I need to pay federal income tax for tax year 2022?

Re: Do I report money received when I sell my personal use motorhome?

AliciaP1 — Mon, 21 Feb 2022 17:25:54 GMT

Yes, you will need to report the $10,000 gain as other income on your tax return if your personal RV is not your primary residence.

[Edited 02/21/2022|09:25 AM PST]

@rcorley1

Re: Do I report money received when I sell my personal use motorhome?

SweetieJean — Mon, 21 Feb 2022 00:32:51 GMT

Why not? OP is selling it as a gain, and it may not be a primary residence.

Re: Do I report money received when I sell my personal use motorhome?

SweetieJean — Mon, 21 Feb 2022 00:33:50 GMT

Solved: I sold my RV in 2018 do I need to report it? (intuit.com)