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Can you deduct interest paid on loan for RV Motor Home?
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Can you deduct interest paid on loan for RV Motor Home?
Yes, you can deduct the interest paid on your RV loan .
To deduct the interest on your return:
- Log in to your account.
- Go to Federal Taxes.
- Go to Deductions and Credits.
- Click Start next to Mortgage Interest.
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Can you deduct interest paid on loan for RV Motor Home?
Can you deduct this interest if the loan is not secured and you lived in it for a month as your primary residence without having an actual mortgage on a real home?
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Can you deduct interest paid on loan for RV Motor Home?
Yes, you can deduct the interest on your RV loan it does mot have to be a "mortgage". An RV will quality as your primary home or second home if it has Sleeping, kitchen and bath facilities.
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Can you deduct interest paid on loan for RV Motor Home?
Great, I just was not sure by the answers because it looked like you had to own a primary home only to get the deductions. Thanks!
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