I would like to speak with someone regarding deduction of RV interest when it is used as my winter home.

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I would like to speak with someone regarding deduction of RV interest when it is used as my winter home.

You CAN deduct interest paid on a second home, even if it's an RV, if it meets the below qualifications.

This, from IRS Publication 936:

Qualified Home

For you to take a home mortgage interest deduction, your debt must be secured by a qualified home. This means your main home or your second home. A home includes a house, condominium, cooperative, mobile home, house trailer, boat, or similar property that has sleeping, cooking, and toilet facilities .

If you're taking the interest paid on your RV as home mortgage interest:

1. Go to Deductions & Credits

2. Go to Your Home

3. Go to Mortgage Interest, Refinancing, and Insurance.

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I would like to speak with someone regarding deduction of RV interest when it is used as my winter home.

You CAN deduct interest paid on a second home, even if it's an RV, if it meets the below qualifications.

This, from IRS Publication 936:

Qualified Home

For you to take a home mortgage interest deduction, your debt must be secured by a qualified home. This means your main home or your second home. A home includes a house, condominium, cooperative, mobile home, house trailer, boat, or similar property that has sleeping, cooking, and toilet facilities .

If you're taking the interest paid on your RV as home mortgage interest:

1. Go to Deductions & Credits

2. Go to Your Home

3. Go to Mortgage Interest, Refinancing, and Insurance.

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