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If the camper has eating, sleeping and toileting facilities it meets the IRS definition of a home. If it doesn't have all three, it doesn't qualify.
You can deduct the interest that is secured by this camper as long as you have no more than one other loan that qualifies for the mortgage interest deduction.
The IRS allows two qualified loans, but no more.
If the camper has eating, sleeping and toileting facilities it meets the IRS definition of a home. If it doesn't have all three, it doesn't qualify.
You can deduct the interest that is secured by this camper as long as you have no more than one other loan that qualifies for the mortgage interest deduction.
The IRS allows two qualified loans, but no more.
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