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Anonymous
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If I am a renter (I do not own a primary residence), can I purchase an RV as a second residence and deduct the mortgage interest on the RV?

 
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Anonymous
Not applicable

If I am a renter (I do not own a primary residence), can I purchase an RV as a second residence and deduct the mortgage interest on the RV?

According to the IRS, a second home must have a sleeping area, a bathroom and kitchen facilities to be considered a “home.” So if your RV has all three, then your loan interest is deductible as mortgage interest on your tax return.

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Anonymous
Not applicable

If I am a renter (I do not own a primary residence), can I purchase an RV as a second residence and deduct the mortgage interest on the RV?

According to the IRS, a second home must have a sleeping area, a bathroom and kitchen facilities to be considered a “home.” So if your RV has all three, then your loan interest is deductible as mortgage interest on your tax return.

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