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Can I deduct interest on my pickup truck used to tow my RV?

I have a pickup truck that I use to tow my travel trailer.  I know the interest on the travel trailer is deductible but am not sure about the pickup?
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IreneS
Intuit Alumni

Can I deduct interest on my pickup truck used to tow my RV?

No - Unfortunately you cannot deduct the interest on the truck.  The RV is considered a "second home" because it has living quarters.

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2 Replies
IreneS
Intuit Alumni

Can I deduct interest on my pickup truck used to tow my RV?

No - Unfortunately you cannot deduct the interest on the truck.  The RV is considered a "second home" because it has living quarters.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Can I deduct interest on my pickup truck used to tow my RV?

No. You can not deduct interest on the pickup truck.
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