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rlhall7600
New Member

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

 
4 Replies
MayaD
Employee Tax Expert

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:

  1. Log in to your account.
  2. Go to Federal Taxes.
  3. Go to Deductions and Credits. 
  4. Click Start next to Mortgage Interest.
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andread
Level 1

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?

LeonardS
Expert Alumni

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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andread
Level 1

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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