Can you deduct interest paid on loan for RV Motor Home?

rlhall7600 · ‎January 28, 2020

MayaD · ‎January 28, 2020

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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andread · ‎March 27, 2020

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?

LeonardS · ‎March 27, 2020

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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andread · ‎March 29, 2020

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!

Can you deduct interest paid on loan for RV Motor Home?