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posted Jan 28, 2020 11:23:03 PM

I have a 48 ft rv that is our place of perm at residence ... it is owner Finaced .. can I deduct that

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1 Replies
Expert Alumni
Jan 29, 2020 8:36:09 AM

Yes, interest on your RV motor home qualifies as mortgage interest and you can deduct it if you are itemizing your deductions.

To itemize, the total of you deduction (Property tax, mortgage interest, charitable contribution etc..) must exceed the standard deduction.